iShares MSCI EAFE Growth ETF (BATS:EFG) Reaches New 12-Month High – Should You Buy?

iShares MSCI EAFE Growth ETF (BATS:EFG) reached a new 52-week high during trading on Monday . The company traded as high as $97.60 and last traded at $103.80, with a volume of 514730 shares. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Trading Up 7.9 %

The firm has a market capitalization of $12.20 billion, a P/E ratio of 24.36 and a beta of 0.97. The business’s 50 day simple moving average is $100.23 and its two-hundred day simple moving average is $102.25.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

Several large investors have recently bought and sold shares of the business. Alpha Financial Partners LLC bought a new position in iShares MSCI EAFE Growth ETF during the third quarter valued at approximately $3,878,000. Modera Wealth Management LLC bought a new stake in shares of iShares MSCI EAFE Growth ETF in the third quarter worth $313,000. OMNI 360 Wealth Inc. increased its position in iShares MSCI EAFE Growth ETF by 5.9% during the third quarter. OMNI 360 Wealth Inc. now owns 15,736 shares of the company’s stock valued at $1,694,000 after acquiring an additional 878 shares during the last quarter. FSA Advisors Inc. raised its position in iShares MSCI EAFE Growth ETF by 62.2% in the third quarter. FSA Advisors Inc. now owns 3,234 shares of the company’s stock worth $332,000 after acquiring an additional 1,240 shares during the period. Finally, Gateway Wealth Partners LLC boosted its stake in shares of iShares MSCI EAFE Growth ETF by 1.6% during the 3rd quarter. Gateway Wealth Partners LLC now owns 26,855 shares of the company’s stock worth $2,891,000 after acquiring an additional 420 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.