Ocean Park Asset Management LLC Makes New $9.08 Million Investment in iShares MSCI EAFE Growth ETF $EFG

Ocean Park Asset Management LLC acquired a new position in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) during the second quarter, Holdings Channel reports. The institutional investor acquired 72,975 shares of the company’s stock, valued at approximately $9,080,000.

Several other hedge funds have also modified their holdings of the stock. Bank of America Corp DE boosted its holdings in iShares MSCI EAFE Growth ETF by 35.0% in the first quarter. Bank of America Corp DE now owns 4,708,538 shares of the company’s stock valued at $524,390,000 after purchasing an additional 1,221,082 shares during the period. Cetera Investment Advisers increased its holdings in iShares MSCI EAFE Growth ETF by 125.2% during the 1st quarter. Cetera Investment Advisers now owns 2,208,206 shares of the company’s stock worth $245,928,000 after purchasing an additional 1,227,595 shares during the period. Bank of New York Mellon Corp raised its position in iShares MSCI EAFE Growth ETF by 166.6% in the 1st quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock valued at $163,977,000 after purchasing an additional 920,188 shares in the last quarter. MML Investors Services LLC raised its position in iShares MSCI EAFE Growth ETF by 8.0% in the 2nd quarter. MML Investors Services LLC now owns 1,333,981 shares of the company’s stock valued at $149,406,000 after purchasing an additional 99,158 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares MSCI EAFE Growth ETF by 1.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,242,079 shares of the company’s stock worth $138,664,000 after purchasing an additional 13,888 shares during the last quarter.

iShares MSCI EAFE Growth ETF Price Performance

BATS:EFG opened at $126.20 on Wednesday. iShares MSCI EAFE Growth ETF has a 12 month low of $107.17 and a 12 month high of $126.90. The firm has a market capitalization of $14.84 billion, a PE ratio of 24.98 and a beta of 0.96. The business’s fifty day moving average price is $122.43 and its 200 day moving average price is $119.88.

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.