iShares MSCI EAFE ETF (NYSEARCA:EFA) Sets New 1-Year High – Still a Buy?

iShares MSCI EAFE ETF (NYSEARCA:EFA)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $84.57 and last traded at $84.47, with a volume of 12617895 shares. The stock had previously closed at $82.46.

iShares MSCI EAFE ETF Stock Up 2.4 %

The business has a 50-day simple moving average of $78.80 and a 200-day simple moving average of $79.77. The company has a market cap of $59.32 billion, a PE ratio of 17.57 and a beta of 0.87.

Institutional Trading of iShares MSCI EAFE ETF

A number of large investors have recently modified their holdings of EFA. Guidance Point Advisors LLC grew its stake in iShares MSCI EAFE ETF by 1.4% during the fourth quarter. Guidance Point Advisors LLC now owns 9,354 shares of the exchange traded fund’s stock worth $707,000 after buying an additional 126 shares during the period. Armor Investment Advisors LLC boosted its position in iShares MSCI EAFE ETF by 4.7% during the 4th quarter. Armor Investment Advisors LLC now owns 2,856 shares of the exchange traded fund’s stock worth $216,000 after purchasing an additional 127 shares during the period. Landmark Wealth Management LLC increased its holdings in iShares MSCI EAFE ETF by 2.3% in the 4th quarter. Landmark Wealth Management LLC now owns 5,730 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 130 shares in the last quarter. Blue Barn Wealth LLC raised its position in iShares MSCI EAFE ETF by 2.5% in the fourth quarter. Blue Barn Wealth LLC now owns 5,357 shares of the exchange traded fund’s stock valued at $405,000 after purchasing an additional 132 shares during the period. Finally, Capital Performance Advisors LLP lifted its stake in shares of iShares MSCI EAFE ETF by 4.1% during the third quarter. Capital Performance Advisors LLP now owns 3,357 shares of the exchange traded fund’s stock worth $281,000 after purchasing an additional 133 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

About iShares MSCI EAFE ETF

iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance.