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

iShares MSCI EAFE Growth ETF (BATS:EFG)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $127.38 and last traded at $126.84, with a volume of 453103 shares traded. The stock had previously closed at $126.20.

iShares MSCI EAFE Growth ETF Price Performance

The stock’s 50 day moving average is $122.51 and its two-hundred day moving average is $119.93. The stock has a market capitalization of $14.92 billion, a PE ratio of 24.98 and a beta of 0.96.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EFG. Basepoint Wealth LLC purchased a new stake in iShares MSCI EAFE Growth ETF during the 4th quarter worth about $25,000. Signature Equity Partners LLC increased its holdings in shares of iShares MSCI EAFE Growth ETF by 1,147.4% in the 1st quarter. Signature Equity Partners LLC now owns 237 shares of the company’s stock valued at $26,000 after acquiring an additional 218 shares during the last quarter. Wellington Grp LLC increased its holdings in shares of iShares MSCI EAFE Growth ETF by 125.9% in the 1st quarter. Wellington Grp LLC now owns 332 shares of the company’s stock valued at $37,000 after acquiring an additional 185 shares during the last quarter. Hamilton Point Investment Advisors LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF during the 4th quarter worth about $37,000. Finally, Dunhill Financial LLC raised its position in shares of iShares MSCI EAFE Growth ETF by 133.8% during the 4th quarter. Dunhill Financial LLC now owns 332 shares of the company’s stock worth $38,000 after acquiring an additional 190 shares in 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. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.