iShares MSCI EAFE Growth ETF (BATS:EFG) Hits New 52-Week High – Here’s Why

iShares MSCI EAFE Growth ETF (BATS:EFG) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $122.39 and last traded at $122.2750, with a volume of 42450 shares trading hands. The stock had previously closed at $121.54.

iShares MSCI EAFE Growth ETF Trading Up 0.6%

The business has a fifty day moving average price of $116.73 and a 200-day moving average price of $114.40. The stock has a market capitalization of $14.37 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 have recently made changes to their positions in the business. Basepoint Wealth LLC purchased a new stake in iShares MSCI EAFE Growth ETF in the fourth quarter worth $25,000. Bangor Savings Bank purchased a new stake in shares of iShares MSCI EAFE Growth ETF in the 3rd quarter worth about $26,000. Guerra Advisors Inc bought a new position in shares of iShares MSCI EAFE Growth ETF in the 3rd quarter worth about $26,000. Pandora Wealth Inc. purchased a new position in iShares MSCI EAFE Growth ETF during the 2nd quarter valued at about $28,000. Finally, Evermay Wealth Management LLC lifted its position in iShares MSCI EAFE Growth ETF by 87.0% during the 4th quarter. Evermay Wealth Management LLC now owns 245 shares of the company’s stock valued at $28,000 after acquiring an additional 114 shares during the period.

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.