iShares MSCI EAFE ETF (NYSEARCA:EFA) Sets New 1-Year High – Here’s What Happened

iShares MSCI EAFE ETF (NYSEARCA:EFA) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $104.17 and last traded at $103.99, with a volume of 20137336 shares. The stock had previously closed at $102.61.

iShares MSCI EAFE ETF Price Performance

The stock has a market cap of $76.74 billion, a P/E ratio of 16.48 and a beta of 0.84. The stock’s 50 day simple moving average is $98.07 and its two-hundred day simple moving average is $94.70.

Hedge Funds Weigh In On iShares MSCI EAFE ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osborne Partners Capital Management LLC boosted its position in shares of iShares MSCI EAFE ETF by 0.6% during the fourth quarter. Osborne Partners Capital Management LLC now owns 16,955 shares of the exchange traded fund’s stock worth $1,628,000 after buying an additional 104 shares during the period. Sterling Investment Advisors LLC ADV lifted its stake in iShares MSCI EAFE ETF by 0.3% in the 4th quarter. Sterling Investment Advisors LLC ADV now owns 42,399 shares of the exchange traded fund’s stock valued at $4,072,000 after acquiring an additional 108 shares in the last quarter. Mine & Arao Wealth Creation & Management LLC. lifted its stake in iShares MSCI EAFE ETF by 1.4% in the 4th quarter. Mine & Arao Wealth Creation & Management LLC. now owns 8,011 shares of the exchange traded fund’s stock valued at $769,000 after acquiring an additional 108 shares in the last quarter. Independent Wealth Network Inc. boosted its position in iShares MSCI EAFE ETF by 1.0% during the 3rd quarter. Independent Wealth Network Inc. now owns 10,994 shares of the exchange traded fund’s stock worth $1,027,000 after acquiring an additional 109 shares during the last quarter. Finally, Triasima Portfolio Management inc. grew its stake in shares of iShares MSCI EAFE ETF by 0.7% during the 4th quarter. Triasima Portfolio Management inc. now owns 16,750 shares of the exchange traded fund’s stock worth $1,609,000 after acquiring an additional 112 shares in the last quarter. 79.80% of the stock is owned by institutional investors and hedge funds.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.