Merit Financial Group LLC Buys 56,202 Shares of iShares MSCI EAFE Growth ETF $EFG

Merit Financial Group LLC grew its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 36.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 211,861 shares of the company’s stock after buying an additional 56,202 shares during the period. Merit Financial Group LLC owned approximately 0.18% of iShares MSCI EAFE Growth ETF worth $24,135,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. AE Wealth Management LLC raised its position in shares of iShares MSCI EAFE Growth ETF by 0.9% during the 4th quarter. AE Wealth Management LLC now owns 519,721 shares of the company’s stock valued at $59,207,000 after buying an additional 4,596 shares in the last quarter. West Wealth Group LLC grew its position in iShares MSCI EAFE Growth ETF by 7.4% in the fourth quarter. West Wealth Group LLC now owns 51,709 shares of the company’s stock worth $5,891,000 after acquiring an additional 3,580 shares in the last quarter. Key Capital Management INC bought a new position in iShares MSCI EAFE Growth ETF in the fourth quarter valued at $2,436,000. Dynamic Financial Group raised its position in iShares MSCI EAFE Growth ETF by 2.4% during the fourth quarter. Dynamic Financial Group now owns 13,709 shares of the company’s stock valued at $1,562,000 after purchasing an additional 325 shares in the last quarter. Finally, Diversified Management Inc. purchased a new stake in iShares MSCI EAFE Growth ETF during the fourth quarter valued at about $4,597,000.

iShares MSCI EAFE Growth ETF Stock Down 0.3%

Shares of EFG stock opened at $120.06 on Friday. The business has a 50-day moving average price of $116.95 and a two-hundred day moving average price of $116.13. iShares MSCI EAFE Growth ETF has a 12-month low of $97.85 and a 12-month high of $123.63. The firm has a market cap of $14.12 billion, a P/E ratio of 24.98 and a beta of 0.96.

About iShares MSCI EAFE Growth ETF

iShares MSCI EAFE Growth ETF (the Fund), formerly iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Growth Index (the Index). The Index is a subset of the MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia (Australia and Asia), and the Far East. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.