iShares MSCI EAFE Growth ETF (BATS:EFG) Reaches New 12-Month High – Here’s Why

iShares MSCI EAFE Growth ETF (BATS:EFG)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $97.60 and last traded at $101.71, with a volume of 514730 shares. The stock had previously closed at $96.10.

iShares MSCI EAFE Growth ETF Trading Up 5.7 %

The stock has a market cap of $11.95 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97. The company’s fifty day moving average is $99.56 and its two-hundred day moving average is $102.04.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

Several hedge funds have recently bought and sold shares of EFG. Creative Planning increased its stake in iShares MSCI EAFE Growth ETF by 0.8% during the second quarter. Creative Planning now owns 71,001 shares of the company’s stock worth $7,263,000 after purchasing an additional 542 shares during the period. Truist Financial Corp increased its stake in iShares MSCI EAFE Growth ETF by 31.9% during the 2nd quarter. Truist Financial Corp now owns 444,772 shares of the company’s stock worth $45,500,000 after buying an additional 107,580 shares during the period. Sanctuary Advisors LLC purchased a new position in iShares MSCI EAFE Growth ETF in the 2nd quarter valued at approximately $66,343,000. Cannon Financial Strategists Inc. acquired a new position in shares of iShares MSCI EAFE Growth ETF in the second quarter worth $1,985,000. Finally, Davis Capital Management purchased a new stake in shares of iShares MSCI EAFE Growth ETF during the third quarter worth $25,000.

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.