iShares Core MSCI EAFE ETF (BATS:IEFA) Sets New 12-Month High – Still a Buy?

iShares Core MSCI EAFE ETF (BATS:IEFA) reached a new 52-week high on Monday . The company traded as high as $76.40 and last traded at $75.45, with a volume of 5087212 shares trading hands. The stock had previously closed at $76.37.

iShares Core MSCI EAFE ETF Trading Down 1.1 %

The stock has a market capitalization of $116.51 billion, a P/E ratio of 14.38 and a beta of 0.82. The business has a 50-day moving average price of $76.28 and a two-hundred day moving average price of $74.51.

Institutional Investors Weigh In On iShares Core MSCI EAFE ETF

Institutional investors have recently added to or reduced their stakes in the business. WFA Asset Management Corp lifted its stake in shares of iShares Core MSCI EAFE ETF by 102.3% in the first quarter. WFA Asset Management Corp now owns 348 shares of the company’s stock worth $26,000 after acquiring an additional 176 shares during the period. Headlands Technologies LLC bought a new stake in iShares Core MSCI EAFE ETF during the first quarter valued at $26,000. Truvestments Capital LLC acquired a new stake in iShares Core MSCI EAFE ETF during the 1st quarter worth about $29,000. Kiely Wealth Advisory Group Inc. bought a new position in shares of iShares Core MSCI EAFE ETF in the 2nd quarter worth about $29,000. Finally, Beaird Harris Wealth Management LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the 1st quarter valued at about $32,000.

About iShares Core MSCI EAFE ETF

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.