iShares MSCI EAFE Growth ETF (BATS:EFG) Sets New 1-Year High – Should You Buy?

iShares MSCI EAFE Growth ETF (BATS:EFG)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $97.60 and last traded at $100.02, with a volume of 514730 shares changing hands. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Trading Up 5.8 %

The company’s fifty day simple moving average is $99.78 and its 200 day simple moving average is $101.96. The firm has a market capitalization of $11.96 billion, a P/E ratio of 24.36 and a beta of 0.97.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Sugarloaf Wealth Management LLC increased 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 valued at $72,000 after purchasing an additional 102 shares in the last quarter. Tritonpoint Wealth LLC grew its stake in shares of iShares MSCI EAFE Growth ETF by 4.5% in the 4th quarter. Tritonpoint Wealth LLC now owns 2,464 shares of the company’s stock worth $239,000 after buying an additional 106 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV increased 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 valued at $401,000 after buying an additional 112 shares in the last quarter. Patton Albertson Miller Group LLC boosted its holdings in iShares MSCI EAFE Growth ETF by 0.3% in the third quarter. Patton Albertson Miller Group LLC now owns 33,532 shares of the company’s stock worth $3,610,000 after acquiring an additional 115 shares in the last quarter. Finally, Diversified LLC boosted its holdings in iShares MSCI EAFE Growth ETF by 0.9% in the third quarter. Diversified LLC now owns 13,773 shares of the company’s stock worth $1,483,000 after acquiring an additional 127 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.