Kovack Advisors Inc. Boosts Stake in iShares MSCI EAFE Growth ETF (BATS:EFG)

Kovack Advisors Inc. raised its stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 40.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,324 shares of the company’s stock after acquiring an additional 951 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares MSCI EAFE Growth ETF were worth $358,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Angeles Investment Advisors LLC grew its stake in iShares MSCI EAFE Growth ETF by 7.3% in the third quarter. Angeles Investment Advisors LLC now owns 29,300 shares of the company’s stock valued at $3,154,000 after purchasing an additional 2,000 shares during the last quarter. Pinnacle Financial Partners Inc grew its position in shares of iShares MSCI EAFE Growth ETF by 5.9% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 82,925 shares of the company’s stock worth $8,927,000 after buying an additional 4,593 shares during the last quarter. First Heartland Consultants Inc. grew its position in shares of iShares MSCI EAFE Growth ETF by 14.8% in the 3rd quarter. First Heartland Consultants Inc. now owns 13,031 shares of the company’s stock worth $1,403,000 after buying an additional 1,680 shares during the last quarter. Savvy Advisors Inc. lifted its position in iShares MSCI EAFE Growth ETF by 186.5% during the third quarter. Savvy Advisors Inc. now owns 94,664 shares of the company’s stock valued at $10,191,000 after acquiring an additional 61,622 shares during the last quarter. Finally, Verus Capital Partners LLC lifted its position in iShares MSCI EAFE Growth ETF by 10.4% during the third quarter. Verus Capital Partners LLC now owns 44,575 shares of the company’s stock valued at $4,798,000 after acquiring an additional 4,206 shares during the last quarter.

iShares MSCI EAFE Growth ETF Trading Down 1.1 %

BATS EFG opened at $97.88 on Friday. The firm’s fifty day simple moving average is $103.87 and its two-hundred day simple moving average is $103.48. The firm has a market capitalization of $11.51 billion, a P/E ratio of 24.36 and a beta of 0.97. iShares MSCI EAFE Growth ETF has a 12-month low of $67.58 and a 12-month high of $85.81.

iShares MSCI EAFE Growth ETF Profile

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.