iShares MSCI EAFE Growth ETF (BATS:EFG) Sets New 1-Year High – Here’s Why

iShares MSCI EAFE Growth ETF (BATS:EFG) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $97.60 and last traded at $100.76, with a volume of 514730 shares trading hands. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Stock Up 4.9 %

The company’s 50-day simple moving average is $99.16 and its 200 day simple moving average is $102.18. The company has a market capitalization of $11.85 billion, a P/E ratio of 24.36 and a beta of 0.97.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

Hedge funds have recently bought and sold shares of the business. Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of iShares MSCI EAFE Growth ETF by 3.8% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 9,055 shares of the company’s stock worth $975,000 after acquiring an additional 332 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in iShares MSCI EAFE Growth ETF by 6.2% during the third quarter. Integrated Wealth Concepts LLC now owns 431,644 shares of the company’s stock worth $46,467,000 after purchasing an additional 25,331 shares during the period. One Wealth Capital Management LLC acquired a new position in iShares MSCI EAFE Growth ETF during the fourth quarter valued at approximately $5,601,000. McKinley Carter Wealth Services Inc. raised its position in shares of iShares MSCI EAFE Growth ETF by 13.3% in the third quarter. McKinley Carter Wealth Services Inc. now owns 315,484 shares of the company’s stock valued at $33,962,000 after purchasing an additional 37,143 shares during the period. Finally, Swmg LLC lifted its stake in shares of iShares MSCI EAFE Growth ETF by 7.4% in the third quarter. Swmg LLC now owns 82,097 shares of the company’s stock worth $8,130,000 after buying an additional 5,640 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.