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

iShares MSCI EAFE Growth ETF (BATS:EFG) hit a new 52-week high during trading on Monday . The company traded as high as $97.60 and last traded at $103.80, with a volume of 514730 shares changing hands. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Stock Performance

The stock has a 50 day moving average of $100.34 and a two-hundred day moving average of $102.30. The firm has a market capitalization of $12.25 billion, a P/E ratio of 24.36 and a beta of 0.97.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

A number of institutional investors have recently modified their holdings of EFG. Armis Advisers LLC bought a new position in iShares MSCI EAFE Growth ETF in the 4th quarter worth $1,991,000. Integrated Advisors Network LLC increased its stake in shares of iShares MSCI EAFE Growth ETF by 15.1% in the fourth quarter. Integrated Advisors Network LLC now owns 6,945 shares of the company’s stock worth $672,000 after purchasing an additional 911 shares during the period. Ameriflex Group Inc. acquired a new position in shares of iShares MSCI EAFE Growth ETF during the 4th quarter worth about $193,000. Invst LLC boosted its stake in iShares MSCI EAFE Growth ETF by 23.6% during the 4th quarter. Invst LLC now owns 182,624 shares of the company’s stock valued at $17,683,000 after purchasing an additional 34,814 shares during the period. Finally, WCG Wealth Advisors LLC boosted its stake in iShares MSCI EAFE Growth ETF by 3.2% during the 4th quarter. WCG Wealth Advisors LLC now owns 74,914 shares of the company’s stock valued at $7,254,000 after purchasing an additional 2,320 shares during the period.

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.