iShares MSCI EAFE Growth ETF (BATS:EFG) Sees Significant Drop in Short Interest

iShares MSCI EAFE Growth ETF (BATS:EFG) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 384,125 shares, a decrease of 43.7% from the April 15th total of 681,808 shares. Based on an average trading volume of 831,601 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Milestone Investment Advisors LLC boosted its holdings in iShares MSCI EAFE Growth ETF by 1.1% in the first quarter. Milestone Investment Advisors LLC now owns 8,114 shares of the company’s stock worth $904,000 after acquiring an additional 85 shares in the last quarter. Cannon Financial Strategists Inc. lifted its position in iShares MSCI EAFE Growth ETF by 0.5% in the 4th quarter. Cannon Financial Strategists Inc. now owns 19,114 shares of the company’s stock valued at $2,177,000 after acquiring an additional 86 shares in the last quarter. Disciplined Investments LLC lifted its position in iShares MSCI EAFE Growth ETF by 0.3% in the 4th quarter. Disciplined Investments LLC now owns 27,928 shares of the company’s stock valued at $3,182,000 after acquiring an additional 87 shares in the last quarter. Triangle Securities Wealth Management lifted its position in iShares MSCI EAFE Growth ETF by 2.7% in the 1st quarter. Triangle Securities Wealth Management now owns 3,288 shares of the company’s stock valued at $366,000 after acquiring an additional 87 shares in the last quarter. Finally, Koshinski Asset Management Inc. lifted its position in iShares MSCI EAFE Growth ETF by 1.9% in the 3rd quarter. Koshinski Asset Management Inc. now owns 4,639 shares of the company’s stock valued at $528,000 after acquiring an additional 88 shares in the last quarter.

iShares MSCI EAFE Growth ETF Stock Performance

EFG stock opened at $118.19 on Friday. iShares MSCI EAFE Growth ETF has a fifty-two week low of $106.33 and a fifty-two week high of $123.63. The business’s 50 day moving average price is $116.37 and its two-hundred day moving average price is $116.71. The company has a market capitalization of $13.90 billion, a price-to-earnings 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.