iShares MSCI EAFE Growth ETF (BATS:EFG) Sets New 12-Month High – Here’s What Happened

iShares MSCI EAFE Growth ETF (BATS:EFG) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $106.77 and last traded at $106.67, with a volume of 238025 shares changing hands. The stock had previously closed at $106.18.

iShares MSCI EAFE Growth ETF Price Performance

The firm has a market capitalization of $12.25 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97. The business’s 50-day moving average price is $104.92 and its 200 day moving average price is $103.26.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its stake in iShares MSCI EAFE Growth ETF by 33.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 149,071 shares of the company’s stock valued at $15,222,000 after purchasing an additional 37,204 shares in the last quarter. Fermata Advisors LLC increased its stake in shares of iShares MSCI EAFE Growth ETF by 47.8% in the first quarter. Fermata Advisors LLC now owns 4,206 shares of the company’s stock worth $437,000 after buying an additional 1,361 shares during the last quarter. MorganRosel Wealth Management LLC raised its holdings in iShares MSCI EAFE Growth ETF by 6.3% in the first quarter. MorganRosel Wealth Management LLC now owns 47,450 shares of the company’s stock valued at $4,925,000 after acquiring an additional 2,827 shares in the last quarter. Maia Wealth LLC bought a new position in iShares MSCI EAFE Growth ETF during the 2nd quarter valued at $9,903,000. Finally, Clear Creek Financial Management LLC lifted its position in shares of iShares MSCI EAFE Growth ETF by 17.3% during the second quarter. Clear Creek Financial Management LLC now owns 80,194 shares of the company’s stock worth $8,204,000 after purchasing an additional 11,820 shares during the last quarter.

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.