iShares MSCI EAFE Growth ETF (BATS:EFG) Reaches New 52-Week High – Still a Buy?

Shares of iShares MSCI EAFE Growth ETF (BATS:EFG) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $101.24 and last traded at $101.80, with a volume of 651548 shares. The stock had previously closed at $101.11.

iShares MSCI EAFE Growth ETF Trading Up 0.7 %

The firm’s fifty day moving average price is $102.83 and its 200-day moving average price is $103.32. The company has a market cap of $11.97 billion, a P/E ratio of 24.36 and a beta of 0.97.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

Large investors have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in iShares MSCI EAFE Growth ETF in the 3rd quarter valued at $1,265,000. Sanctuary Advisors LLC lifted its holdings in iShares MSCI EAFE Growth ETF by 74.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,155,317 shares of the company’s stock valued at $114,307,000 after purchasing an additional 492,084 shares during the last quarter. Wealthquest Corp lifted its holdings in iShares MSCI EAFE Growth ETF by 9.9% during the 3rd quarter. Wealthquest Corp now owns 53,998 shares of the company’s stock valued at $5,771,000 after purchasing an additional 4,847 shares during the last quarter. Rehmann Capital Advisory Group boosted its position in iShares MSCI EAFE Growth ETF by 1.9% in the third quarter. Rehmann Capital Advisory Group now owns 44,087 shares of the company’s stock valued at $4,746,000 after buying an additional 830 shares in the last quarter. Finally, TD Private Client Wealth LLC grew its stake in iShares MSCI EAFE Growth ETF by 61.3% during the third quarter. TD Private Client Wealth LLC now owns 17,579 shares of the company’s stock worth $1,892,000 after buying an additional 6,679 shares during the last quarter.

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.