Royal Bank of Canada Purchases 194,825 Shares of iShares MSCI EAFE Growth ETF $EFG

Royal Bank of Canada increased its holdings in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 44.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 632,689 shares of the company’s stock after acquiring an additional 194,825 shares during the quarter. Royal Bank of Canada’s holdings in iShares MSCI EAFE Growth ETF were worth $70,462,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EFG. Quantinno Capital Management LP grew its stake in iShares MSCI EAFE Growth ETF by 27.7% in the first quarter. Quantinno Capital Management LP now owns 37,913 shares of the company’s stock valued at $4,222,000 after acquiring an additional 8,223 shares during the period. Gateway Wealth Partners LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF during the first quarter worth about $9,411,000. Matrix Private Capital Group LLC bought a new position in shares of iShares MSCI EAFE Growth ETF during the 1st quarter valued at about $308,000. Waverly Advisors LLC lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 2.3% during the 1st quarter. Waverly Advisors LLC now owns 125,294 shares of the company’s stock valued at $13,954,000 after purchasing an additional 2,872 shares in the last quarter. Finally, Wealth Alliance LLC grew its position in shares of iShares MSCI EAFE Growth ETF by 1,001.6% in the 1st quarter. Wealth Alliance LLC now owns 101,151 shares of the company’s stock valued at $11,265,000 after purchasing an additional 91,969 shares during the period.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of EFG opened at $121.43 on Friday. The stock has a 50 day simple moving average of $122.15 and a 200 day simple moving average of $119.57. iShares MSCI EAFE Growth ETF has a 52-week low of $106.33 and a 52-week high of $125.71. The firm has a market capitalization of $14.28 billion, a PE ratio of 24.98 and a beta of 0.96.

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. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.