iShares Core MSCI EAFE ETF (BATS:IEFA) Hits New 52-Week High – Still a Buy?

Shares of iShares Core MSCI EAFE ETF (BATS:IEFA) reached a new 52-week high during trading on Tuesday . The stock traded as high as $70.89 and last traded at $73.55, with a volume of 14707929 shares trading hands. The stock had previously closed at $69.78.

iShares Core MSCI EAFE ETF Stock Up 5.4 %

The firm has a market capitalization of $115.48 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. The firm’s 50 day moving average is $71.95 and its 200 day moving average is $73.92.

Institutional Trading of iShares Core MSCI EAFE ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. HCR Wealth Advisors lifted its position in shares of iShares Core MSCI EAFE ETF by 9.4% in the 3rd quarter. HCR Wealth Advisors now owns 16,331 shares of the company’s stock valued at $1,275,000 after acquiring an additional 1,397 shares in the last quarter. Chan Zuckerberg Initiative LLC acquired a new position in iShares Core MSCI EAFE ETF in the 3rd quarter valued at approximately $86,526,000. Confluence Investment Management LLC acquired a new position in iShares Core MSCI EAFE ETF in the 4th quarter valued at approximately $284,000. GAMMA Investing LLC increased its stake in iShares Core MSCI EAFE ETF by 21.4% in the 4th quarter. GAMMA Investing LLC now owns 12,326 shares of the company’s stock valued at $866,000 after buying an additional 2,176 shares during the period. Finally, Fifth Third Wealth Advisors LLC increased its stake in iShares Core MSCI EAFE ETF by 10.1% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 695,279 shares of the company’s stock valued at $48,864,000 after buying an additional 64,002 shares during the period.

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.