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

iShares Core MSCI EAFE ETF (BATS:IEFA) shares reached a new 52-week high on Monday . The stock traded as high as $70.89 and last traded at $74.47, with a volume of 14707929 shares traded. The stock had previously closed at $69.78.

iShares Core MSCI EAFE ETF Stock Performance

The firm has a market cap of $116.82 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. The business’s 50-day moving average is $72.19 and its 200-day moving average is $73.87.

Institutional Investors Weigh In On iShares Core MSCI EAFE ETF

A number of large investors have recently bought and sold shares of IEFA. Montis Financial LLC raised its position in shares of iShares Core MSCI EAFE ETF by 22.8% during the third quarter. Montis Financial LLC now owns 369,041 shares of the company’s stock worth $28,804,000 after acquiring an additional 68,421 shares during the last quarter. Sound Income Strategies LLC grew its holdings in shares of iShares Core MSCI EAFE ETF by 18.6% in the 3rd quarter. Sound Income Strategies LLC now owns 5,828 shares of the company’s stock valued at $455,000 after buying an additional 915 shares during the period. Affiance Financial LLC raised its stake in iShares Core MSCI EAFE ETF by 8.9% during the 3rd quarter. Affiance Financial LLC now owns 233,028 shares of the company’s stock worth $18,188,000 after buying an additional 19,102 shares during the period. Redhawk Wealth Advisors Inc. acquired a new position in shares of iShares Core MSCI EAFE ETF in the 3rd quarter valued at approximately $208,000. Finally, Patriot Investment Management Group Inc. boosted its stake in iShares Core MSCI EAFE ETF by 0.3% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 112,212 shares of the company’s stock worth $8,758,000 after purchasing an additional 314 shares during the period.

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.