iShares MSCI EAFE Growth ETF (BATS:EFG) Sees Large Decrease in Short Interest

iShares MSCI EAFE Growth ETF (BATS:EFG) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,163,281 shares, a decrease of 60.6% from the May 31st total of 2,950,516 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average trading volume of 983,448 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

Large investors have recently modified their holdings of the business. Central Pacific Bank Trust Division purchased a new position in iShares MSCI EAFE Growth ETF during the 4th quarter valued at about $735,000. Affinity Capital Advisors LLC boosted its stake in iShares MSCI EAFE Growth ETF by 4.5% during the fourth quarter. Affinity Capital Advisors LLC now owns 143,393 shares of the company’s stock valued at $16,335,000 after buying an additional 6,182 shares during the period. Asempa Wealth Advisors purchased a new position in iShares MSCI EAFE Growth ETF during the fourth quarter worth about $1,008,000. NewEdge Wealth LLC grew its position in iShares MSCI EAFE Growth ETF by 1,077.6% during the fourth quarter. NewEdge Wealth LLC now owns 47,880 shares of the company’s stock worth $5,455,000 after buying an additional 43,814 shares in the last quarter. Finally, Clayton Financial Group LLC increased its stake in iShares MSCI EAFE Growth ETF by 52.0% in the 4th quarter. Clayton Financial Group LLC now owns 16,306 shares of the company’s stock worth $1,858,000 after acquiring an additional 5,575 shares during the last quarter.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of EFG opened at $123.20 on Tuesday. iShares MSCI EAFE Growth ETF has a fifty-two week low of $106.33 and a fifty-two week high of $125.71. The business has a 50-day moving average of $121.48 and a 200 day moving average of $118.53. The firm has a market cap of $14.49 billion, a P/E ratio of 24.98 and a beta of 0.96.

iShares MSCI EAFE Growth ETF Company 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.