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

Shares of iShares MSCI EAFE Growth ETF (BATS:EFG) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $97.60 and last traded at $105.28, with a volume of 514730 shares traded. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Stock Performance

The company’s 50 day simple moving average is $100.12 and its 200 day simple moving average is $102.11. The stock has a market cap of $12.31 billion, a PE ratio of 24.36 and a beta of 0.97.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of EFG. Tritonpoint Wealth LLC grew its stake in shares of iShares MSCI EAFE Growth ETF by 4.5% during the 4th quarter. Tritonpoint Wealth LLC now owns 2,464 shares of the company’s stock worth $239,000 after acquiring an additional 106 shares during the period. Droms Strauss Advisors Inc. MO ADV increased its stake in shares of iShares MSCI EAFE Growth ETF by 3.1% in the third quarter. Droms Strauss Advisors Inc. MO ADV now owns 3,729 shares of the company’s stock worth $401,000 after purchasing an additional 112 shares in the last quarter. Patton Albertson Miller Group LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 0.3% during 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. Hazlett Burt & Watson Inc. lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 7.8% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,676 shares of the company’s stock worth $162,000 after acquiring an additional 121 shares during the last quarter. Finally, Eagle Strategies LLC lifted its stake in iShares MSCI EAFE Growth ETF by 5.6% in the fourth quarter. Eagle Strategies LLC now owns 2,360 shares of the company’s stock worth $229,000 after purchasing an additional 125 shares during 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.