iShares MSCI EAFE Growth ETF (BATS:EFG) Hits New 52-Week High – Should You Buy?

iShares MSCI EAFE Growth ETF (BATS:EFG) shares reached a new 52-week high on Friday . The stock traded as high as $126.44 and last traded at $126.23, with a volume of 5835 shares traded. The stock had previously closed at $124.37.

iShares MSCI EAFE Growth ETF Stock Performance

The stock has a market capitalization of $14.81 billion, a PE ratio of 24.98 and a beta of 0.96. The stock’s 50 day moving average is $122.27 and its two-hundred day moving average is $119.71.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

Hedge funds have recently made changes to their positions in the company. Basepoint Wealth LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF in the fourth quarter valued at about $25,000. Signature Equity Partners LLC lifted its stake in shares of iShares MSCI EAFE Growth ETF by 1,147.4% in the first quarter. Signature Equity Partners LLC now owns 237 shares of the company’s stock worth $26,000 after buying an additional 218 shares in the last quarter. Evermay Wealth Management LLC boosted its position in iShares MSCI EAFE Growth ETF by 87.0% during the fourth quarter. Evermay Wealth Management LLC now owns 245 shares of the company’s stock worth $28,000 after acquiring an additional 114 shares during the last quarter. Wellington Grp LLC boosted its position in iShares MSCI EAFE Growth ETF by 125.9% during the first quarter. Wellington Grp LLC now owns 332 shares of the company’s stock worth $37,000 after acquiring an additional 185 shares during the last quarter. Finally, Hamilton Point Investment Advisors LLC purchased a new stake in iShares MSCI EAFE Growth ETF during the 4th quarter valued at about $37,000.

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.