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

iShares Core MSCI EAFE ETF (BATS:IEFA) hit a new 52-week high during trading on Tuesday . The company traded as high as $70.89 and last traded at $76.38, with a volume of 14707929 shares. The stock had previously closed at $69.78.

iShares Core MSCI EAFE ETF Trading Up 9.7 %

The stock has a market capitalization of $120.20 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. The stock has a 50-day simple moving average of $72.31 and a 200 day simple moving average of $73.94.

Institutional Investors Weigh In On iShares Core MSCI EAFE ETF

Institutional investors have recently bought and sold shares of the business. Hopwood Financial Services Inc. purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth about $28,000. Integrity Financial Corp WA raised its stake in shares of iShares Core MSCI EAFE ETF by 171.2% during the 4th quarter. Integrity Financial Corp WA now owns 396 shares of the company’s stock worth $28,000 after purchasing an additional 250 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth about $29,000. Darwin Wealth Management LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 3rd quarter worth about $30,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth about $30,000.

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.