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

iShares MSCI EAFE Growth ETF (BATS:EFG)’s share price hit a new 52-week high on Monday . The stock traded as high as $103.55 and last traded at $103.12, with a volume of 655402 shares. The stock had previously closed at $103.30.

iShares MSCI EAFE Growth ETF Stock Performance

The stock has a 50-day simple moving average of $102.22 and a 200 day simple moving average of $103.23. The stock has a market capitalization of $12.09 billion, a P/E ratio of 24.36 and a beta of 0.97.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

Several hedge funds have recently made changes to their positions in the company. Sugarloaf Wealth Management LLC grew its stake in shares of iShares MSCI EAFE Growth ETF by 18.0% during the third quarter. Sugarloaf Wealth Management LLC now owns 670 shares of the company’s stock worth $72,000 after acquiring an additional 102 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV grew its position in iShares MSCI EAFE Growth ETF by 3.1% during the 3rd quarter. Droms Strauss Advisors Inc. MO ADV now owns 3,729 shares of the company’s stock worth $401,000 after purchasing an additional 112 shares during the last quarter. Patton Albertson Miller Group LLC increased its stake in iShares MSCI EAFE Growth ETF by 0.3% during the 3rd quarter. Patton Albertson Miller Group LLC now owns 33,532 shares of the company’s stock valued at $3,610,000 after purchasing an additional 115 shares in the last quarter. Diversified LLC increased its stake in iShares MSCI EAFE Growth ETF by 0.9% during the 3rd quarter. Diversified LLC now owns 13,773 shares of the company’s stock valued at $1,483,000 after purchasing an additional 127 shares in the last quarter. Finally, Midland Wealth Advisors LLC raised its holdings in shares of iShares MSCI EAFE Growth ETF by 2.6% in the second quarter. Midland Wealth Advisors LLC now owns 5,154 shares of the company’s stock worth $527,000 after buying an additional 129 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.