iShares Core MSCI EAFE ETF (BATS:IEFA) Sets New 12-Month High – Here’s Why

iShares Core MSCI EAFE ETF (BATS:IEFA)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $101.44 and last traded at $101.41, with a volume of 5312099 shares. The stock had previously closed at $100.67.

iShares Core MSCI EAFE ETF Price Performance

The stock has a market cap of $173.41 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. The business’s 50 day moving average is $97.94 and its 200 day moving average is $96.03.

Institutional Trading of iShares Core MSCI EAFE ETF

Several institutional investors and hedge funds have recently bought and sold shares of IEFA. Revolve Wealth Partners LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 3.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock worth $38,771,000 after purchasing an additional 19,941 shares during the period. First Trust Advisors LP acquired a new stake in iShares Core MSCI EAFE ETF during the 2nd quarter valued at $238,000. Gamco Investors INC. ET AL acquired a new position in shares of iShares Core MSCI EAFE ETF in the second quarter valued at approximately $1,160,000. Bank of Nova Scotia acquired a new stake in shares of iShares Core MSCI EAFE ETF during the second quarter worth $217,000. Finally, Squarepoint Ops LLC acquired a new stake in iShares Core MSCI EAFE ETF in the 2nd quarter worth about $2,102,000.

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.