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

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

iShares MSCI EAFE Growth ETF Price Performance

The firm has a market capitalization of $12.03 billion, a PE ratio of 24.36 and a beta of 0.97. The business’s 50 day moving average is $99.90 and its two-hundred day moving average is $101.95.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Evermay Wealth Management LLC boosted its stake in shares of iShares MSCI EAFE Growth ETF by 833.3% in the 3rd quarter. Evermay Wealth Management LLC now owns 252 shares of the company’s stock valued at $27,000 after purchasing an additional 225 shares in the last quarter. Smartleaf Asset Management LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF in the fourth quarter worth about $28,000. Thurston Springer Miller Herd & Titak Inc. grew its position 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 worth $30,000 after acquiring an additional 178 shares during the last quarter. Viewpoint Capital Management LLC purchased a new stake in shares of iShares MSCI EAFE Growth ETF during the third quarter valued at approximately $30,000. Finally, Atmos Advisory LLC purchased a new stake in iShares MSCI EAFE Growth ETF during the 4th quarter valued at $30,000.

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.