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

iShares MSCI EAFE Growth ETF (BATS:EFG) reached a new 52-week high during trading on Monday . The company 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 Price Performance

The company has a 50 day simple moving average of $102.41 and a 200-day simple moving average of $103.25. The stock has a market capitalization of $12.13 billion, a P/E ratio of 24.36 and a beta of 0.97.

Institutional Investors Weigh In On iShares MSCI EAFE Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Davis Capital Management bought a new position in iShares MSCI EAFE Growth ETF in the 3rd quarter worth about $25,000. Evermay Wealth Management LLC lifted its position in 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 valued at $27,000 after purchasing an additional 225 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares MSCI EAFE Growth ETF by 176.2% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 279 shares of the company’s stock valued at $30,000 after purchasing an additional 178 shares in the last quarter. Viewpoint Capital Management LLC bought a new stake in iShares MSCI EAFE Growth ETF during the third quarter worth about $30,000. Finally, Northwest Investment Counselors LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF in the 3rd quarter worth about $51,000.

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.