iShares MSCI EAFE ETF (NYSEARCA:EFA) Sets New 52-Week High – Should You Buy?

iShares MSCI EAFE ETF (NYSEARCA:EFAGet Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as $105.95 and last traded at $105.92, with a volume of 5396287 shares trading hands. The stock had previously closed at $103.37.

iShares MSCI EAFE ETF Price Performance

The business has a fifty day moving average of $103.93 and a 200-day moving average of $102.04. The stock has a market capitalization of $78.04 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

Hedge Funds Weigh In On iShares MSCI EAFE ETF

Several hedge funds have recently made changes to their positions in the business. Horizon Investments LLC raised its holdings in shares of iShares MSCI EAFE ETF by 2,520.0% in the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC bought a new stake in iShares MSCI EAFE ETF during the fourth quarter worth approximately $26,000. Atlas Capital Advisors Inc. acquired a new position in iShares MSCI EAFE ETF in the fourth quarter worth approximately $29,000. Scarborough Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF in the first quarter valued at $33,000. Finally, GeoWealth Management LLC bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at $37,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Company Profile

(Get Free Report)

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.

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