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

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

iShares Core MSCI EAFE ETF Trading Up 9.7 %

The firm has a market cap of $120.20 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. The stock has a 50-day moving average of $72.31 and a two-hundred day moving average of $73.94.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hopwood Financial Services Inc. acquired a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at $28,000. Integrity Financial Corp WA boosted its position in 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 acquiring an additional 250 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in iShares Core MSCI EAFE ETF during the 4th quarter worth about $29,000. Darwin Wealth Management LLC acquired a new stake in iShares Core MSCI EAFE ETF during the 3rd quarter worth about $30,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in 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.