McKinley Carter Wealth Services Inc. Makes New Investment in iShares MSCI EAFE Growth ETF $EFG

McKinley Carter Wealth Services Inc. bought a new stake in iShares MSCI EAFE Growth ETF (BATS:EFG) in the third quarter, Holdings Channel reports. The institutional investor bought 28,566 shares of the company’s stock, valued at approximately $3,423,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers boosted its stake in iShares MSCI EAFE Growth ETF by 125.2% during the first quarter. Cetera Investment Advisers now owns 2,208,206 shares of the company’s stock worth $245,928,000 after buying an additional 1,227,595 shares in the last quarter. Bank of America Corp DE raised its stake in shares of iShares MSCI EAFE Growth ETF by 35.0% in the 1st quarter. Bank of America Corp DE now owns 4,708,538 shares of the company’s stock valued at $524,390,000 after buying an additional 1,221,082 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI EAFE Growth ETF by 5.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 23,610,616 shares of the company’s stock valued at $2,937,631,000 after buying an additional 1,210,805 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 690.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,140,998 shares of the company’s stock valued at $127,073,000 after buying an additional 996,633 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 166.6% during the 1st quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock worth $163,977,000 after acquiring an additional 920,188 shares during the period.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of BATS:EFG traded down $0.60 during midday trading on Friday, reaching $118.88. 540,764 shares of the company’s stock were exchanged, compared to its average volume of 1,374,098. The company’s 50 day simple moving average is $122.46 and its two-hundred day simple moving average is $121.35. iShares MSCI EAFE Growth ETF has a 12 month low of $107.17 and a 12 month high of $127.44. The firm has a market capitalization of $13.98 billion, a PE ratio of 24.98 and a beta of 0.96.

Shares of iShares MSCI EAFE Growth ETF are scheduled to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly created shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

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.