iShares Core MSCI EAFE ETF (BATS:IEFA) Reaches New 12-Month High – Should You Buy?

Shares of iShares Core MSCI EAFE ETF (BATS:IEFA) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $76.92 and last traded at $76.85, with a volume of 3152012 shares trading hands. The stock had previously closed at $76.73.

iShares Core MSCI EAFE ETF Stock Up 0.2 %

The business’s 50 day moving average is $76.00 and its 200 day moving average is $74.44. The company has a market cap of $119.16 billion, a P/E ratio of 14.38 and a beta of 0.82.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. HCR Wealth Advisors grew its stake in iShares Core MSCI EAFE ETF by 9.4% in the third quarter. HCR Wealth Advisors now owns 16,331 shares of the company’s stock valued at $1,275,000 after purchasing an additional 1,397 shares during the last quarter. Wolff Wiese Magana LLC grew its position in shares of iShares Core MSCI EAFE ETF by 27.9% in the 1st quarter. Wolff Wiese Magana LLC now owns 4,125 shares of the company’s stock worth $306,000 after buying an additional 899 shares during the last quarter. Central Bank & Trust Co. grew its position in shares of iShares Core MSCI EAFE ETF by 8.1% in the 1st quarter. Central Bank & Trust Co. now owns 3,161 shares of the company’s stock worth $235,000 after buying an additional 236 shares during the last quarter. CWM LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 60.6% during the 2nd quarter. CWM LLC now owns 336,898 shares of the company’s stock worth $24,472,000 after acquiring an additional 127,082 shares in the last quarter. Finally, Bangor Savings Bank lifted its position in iShares Core MSCI EAFE ETF by 5.2% during the first quarter. Bangor Savings Bank now owns 723,386 shares of the company’s stock valued at $53,690,000 after acquiring an additional 35,629 shares during the last quarter.

iShares Core MSCI EAFE ETF Company Profile

The iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund that is based on the MSCI EAFE IMI index, a market-cap-weighted index of developed-market stocks in Europe, Australasia and the Far East, and excludes North America IEFA was launched on Oct 18, 2012 and is managed by BlackRock.