iShares MSCI EAFE Growth ETF (BATS:EFG) Reaches New 12-Month High – Still a Buy?

iShares MSCI EAFE Growth ETF (BATS:EFG) shares reached a new 52-week high on Monday . The company traded as high as $98.43 and last traded at $98.33, with a volume of 662601 shares traded. The stock had previously closed at $97.88.

iShares MSCI EAFE Growth ETF Stock Up 0.5 %

The stock has a fifty day moving average price of $103.87 and a two-hundred day moving average price of $103.55. The company has a market cap of $11.56 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in EFG. Rehmann Capital Advisory Group boosted its stake in shares of iShares MSCI EAFE Growth ETF by 1.9% in the third quarter. Rehmann Capital Advisory Group now owns 44,087 shares of the company’s stock valued at $4,746,000 after buying an additional 830 shares during the period. TD Private Client Wealth LLC raised its holdings in iShares MSCI EAFE Growth ETF by 61.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 17,579 shares of the company’s stock valued at $1,892,000 after acquiring an additional 6,679 shares in the last quarter. Arete Wealth Advisors LLC lifted its position in shares of iShares MSCI EAFE Growth ETF by 29.5% during the 3rd quarter. Arete Wealth Advisors LLC now owns 38,924 shares of the company’s stock valued at $4,179,000 after acquiring an additional 8,859 shares during the period. MidWestOne Financial Group Inc. grew its holdings in shares of iShares MSCI EAFE Growth ETF by 5.1% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 5,844 shares of the company’s stock worth $629,000 after purchasing an additional 286 shares in the last quarter. Finally, Continuum Advisory LLC grew its holdings in shares of iShares MSCI EAFE Growth ETF by 12.1% during the 3rd quarter. Continuum Advisory LLC now owns 4,506 shares of the company’s stock worth $446,000 after purchasing an additional 488 shares in the last quarter.

iShares MSCI EAFE Growth ETF Company Profile

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.