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

iShares MSCI EAFE Growth ETF (BATS:EFG) shares reached a new 52-week high during trading on Monday . The stock traded as high as $100.14 and last traded at $99.58, with a volume of 590561 shares trading hands. The stock had previously closed at $98.94.

iShares MSCI EAFE Growth ETF Stock Performance

The company has a market cap of $11.74 billion, a PE ratio of 24.36 and a beta of 0.97. The firm has a fifty day simple moving average of $103.14 and a 200 day simple moving average of $103.39.

Institutional Trading of iShares MSCI EAFE Growth ETF

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