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

iShares MSCI EAFE Growth ETF (BATS:EFG) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $97.60 and last traded at $102.35, with a volume of 514730 shares. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Stock Performance

The company’s 50 day moving average price is $99.91 and its 200-day moving average price is $101.97. The stock has a market cap of $12.09 billion, a P/E ratio of 24.36 and a beta of 0.97.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

A number of institutional investors have recently added to or reduced their stakes in EFG. Alpha Financial Partners LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF in the 3rd quarter worth approximately $3,878,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares MSCI EAFE Growth ETF by 176.2% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 279 shares of the company’s stock worth $30,000 after acquiring an additional 178 shares during the period. ORG Wealth Partners LLC bought a new stake in iShares MSCI EAFE Growth ETF during the third quarter worth $179,000. Creative Planning boosted its position in iShares MSCI EAFE Growth ETF by 1.3% in the third quarter. Creative Planning now owns 71,890 shares of the company’s stock worth $7,739,000 after purchasing an additional 889 shares during the last quarter. Finally, NBC Securities Inc. grew its stake in iShares MSCI EAFE Growth ETF by 2.4% in the 3rd quarter. NBC Securities Inc. now owns 28,377 shares of the company’s stock valued at $3,054,000 after purchasing an additional 668 shares during the period.

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.