iShares Core MSCI EAFE ETF (BATS:IEFA) Sets New 52-Week High – Here’s Why

iShares Core MSCI EAFE ETF (BATS:IEFA)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $70.89 and last traded at $76.88, with a volume of 14707929 shares trading hands. The stock had previously closed at $69.78.

iShares Core MSCI EAFE ETF Price Performance

The business has a fifty day moving average price of $72.92 and a two-hundred day moving average price of $74.21. The firm has a market capitalization of $129.28 billion, a price-to-earnings ratio of 16.99 and a beta of 0.89.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Hopwood Financial Services Inc. acquired a new position in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at about $28,000. Integrity Financial Corp WA increased its holdings in shares of iShares Core MSCI EAFE ETF by 171.2% in the fourth quarter. Integrity Financial Corp WA now owns 396 shares of the company’s stock valued at $28,000 after purchasing an additional 250 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at about $29,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the third quarter valued at about $30,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in iShares Core MSCI EAFE ETF during the fourth quarter worth about $30,000.

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.