iShares MSCI EAFE Growth ETF (BATS:EFG) Hits New 1-Year High – Still a Buy?

Shares of iShares MSCI EAFE Growth ETF (BATS:EFG) reached a new 52-week high on Tuesday . The stock traded as high as $97.60 and last traded at $105.28, with a volume of 514730 shares traded. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Trading Up 9.0 %

The company has a market cap of $12.31 billion, a P/E ratio of 24.36 and a beta of 0.97. The firm has a 50-day moving average of $100.12 and a 200 day moving average of $102.11.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Evermay Wealth Management LLC raised its position in shares of iShares MSCI EAFE Growth ETF by 833.3% during the third quarter. Evermay Wealth Management LLC now owns 252 shares of the company’s stock worth $27,000 after purchasing an additional 225 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of iShares MSCI EAFE Growth ETF in the fourth quarter valued at $26,000. Viewpoint Capital Management LLC acquired a new position in shares of iShares MSCI EAFE Growth ETF during the third quarter valued at about $30,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares MSCI EAFE Growth ETF during the fourth quarter valued at about $28,000. Finally, Atmos Advisory LLC bought a new stake in shares of iShares MSCI EAFE Growth ETF during the fourth quarter worth about $30,000.

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.