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

iShares MSCI EAFE Growth ETF (BATS:EFG)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $103.31 and last traded at $103.32, with a volume of 294900 shares traded. The stock had previously closed at $102.41.

iShares MSCI EAFE Growth ETF Trading Down 1.0 %

The firm has a 50-day moving average price of $105.22 and a 200-day moving average price of $103.38. The stock has a market capitalization of $11.97 billion, a PE ratio of 24.36 and a beta of 0.97.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in iShares MSCI EAFE Growth ETF by 57.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 26,597,234 shares of the company’s stock worth $2,720,897,000 after acquiring an additional 9,697,657 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares MSCI EAFE Growth ETF by 49.5% during the 2nd quarter. LPL Financial LLC now owns 6,599,521 shares of the company’s stock valued at $675,131,000 after buying an additional 2,184,037 shares in the last quarter. Axiom Advisory LLC boosted its holdings in iShares MSCI EAFE Growth ETF by 9.2% in the 3rd quarter. Axiom Advisory LLC now owns 5,422,968 shares of the company’s stock worth $562,613,000 after buying an additional 455,586 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in iShares MSCI EAFE Growth ETF by 60.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,742,137 shares of the company’s stock valued at $382,821,000 after buying an additional 1,416,067 shares in the last quarter. Finally, SageView Advisory Group LLC grew its stake in iShares MSCI EAFE Growth ETF by 56,912.3% in the 1st quarter. SageView Advisory Group LLC now owns 2,788,471 shares of the company’s stock valued at $273,103,000 after buying an additional 2,783,580 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.