iShares MSCI EAFE Growth ETF (BATS:EFG) Sets New 12-Month High – Still a Buy?

Shares of iShares MSCI EAFE Growth ETF (BATS:EFG) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $104.75 and last traded at $103.93, with a volume of 251539 shares trading hands. The stock had previously closed at $105.09.

iShares MSCI EAFE Growth ETF Price Performance

The firm’s fifty day moving average price is $105.25 and its 200-day moving average price is $103.30. The company has a market cap of $12.22 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97.

Institutional Trading of iShares MSCI EAFE Growth ETF

Several hedge funds have recently bought and sold shares of the company. Davis Capital Management bought a new stake in shares of iShares MSCI EAFE Growth ETF during the third quarter valued at approximately $25,000. Riverview Trust Co acquired a new stake in iShares MSCI EAFE Growth ETF in the 1st quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares MSCI EAFE Growth ETF by 176.2% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 279 shares of the company’s stock valued at $30,000 after acquiring an additional 178 shares in the last quarter. Harbor Investment Advisory LLC boosted its position in iShares MSCI EAFE Growth ETF by 44.6% during the 1st quarter. Harbor Investment Advisory LLC now owns 389 shares of the company’s stock worth $40,000 after acquiring an additional 120 shares during the period. Finally, Janiczek Wealth Management LLC bought a new position in shares of iShares MSCI EAFE Growth ETF in the first quarter worth $40,000.

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.