iShares MSCI EAFE Growth ETF (BATS:EFG) Reaches New 1-Year High – Here’s What Happened

iShares MSCI EAFE Growth ETF (BATS:EFG) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $97.60 and last traded at $98.36, with a volume of 514730 shares traded. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Stock Performance

The company has a market cap of $11.54 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97. The company’s 50 day moving average price is $99.36 and its 200-day moving average price is $102.28.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

Hedge funds have recently modified their holdings of the stock. Axiom Advisory LLC boosted its position in shares of iShares MSCI EAFE Growth ETF by 9.2% in the 3rd quarter. Axiom Advisory LLC now owns 5,422,968 shares of the company’s stock valued at $562,613,000 after purchasing an additional 455,586 shares during the period. Park Avenue Securities LLC boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 22.4% in the fourth quarter. Park Avenue Securities LLC now owns 2,926,949 shares of the company’s stock worth $283,416,000 after buying an additional 536,191 shares during the period. Cetera Investment Advisers increased its position in shares of iShares MSCI EAFE Growth ETF by 46.2% in the second quarter. Cetera Investment Advisers now owns 1,548,002 shares of the company’s stock worth $158,361,000 after acquiring an additional 489,230 shares in the last quarter. Sanctuary Advisors LLC increased its position in shares of iShares MSCI EAFE Growth ETF by 74.2% in the third quarter. Sanctuary Advisors LLC now owns 1,155,317 shares of the company’s stock worth $114,307,000 after acquiring an additional 492,084 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of iShares MSCI EAFE Growth ETF by 18,989.0% during the third quarter. Jane Street Group LLC now owns 835,333 shares of the company’s stock valued at $89,924,000 after acquiring an additional 830,957 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.