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

iShares MSCI EAFE Growth ETF (BATS:EFG) shares hit a new 52-week high on Monday . The stock traded as high as $105.96 and last traded at $105.45, with a volume of 343670 shares. The stock had previously closed at $106.16.

iShares MSCI EAFE Growth ETF Price Performance

The stock has a market cap of $12.46 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97. The stock’s 50-day moving average is $104.35 and its 200 day moving average is $103.22.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

A number of hedge funds have recently added to or reduced their stakes in EFG. Davis Capital Management acquired a new stake in iShares MSCI EAFE Growth ETF in the third quarter valued at about $25,000. Riverview Trust Co purchased a new position in iShares MSCI EAFE Growth ETF in the first quarter valued at about $26,000. Harbor Investment Advisory LLC increased its holdings in iShares MSCI EAFE Growth ETF by 44.6% in the first quarter. Harbor Investment Advisory LLC now owns 389 shares of the company’s stock valued at $40,000 after buying an additional 120 shares in the last quarter. Janiczek Wealth Management LLC purchased a new position in iShares MSCI EAFE Growth ETF in the first quarter valued at about $40,000. Finally, Kings Path Partners LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF during the 2nd quarter worth approximately $53,000.

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.