iShares Core MSCI EAFE ETF (BATS:IEFA) Hits New 12-Month High – Time to Buy?

iShares Core MSCI EAFE ETF (BATS:IEFA)’s share price hit a new 52-week high on Monday . The stock traded as high as $73.89 and last traded at $73.76, with a volume of 10647764 shares. The stock had previously closed at $73.65.

iShares Core MSCI EAFE ETF Trading Up 0.1 %

The company has a 50-day moving average of $74.82 and a 200-day moving average of $74.60. The firm has a market capitalization of $115.80 billion, a P/E ratio of 14.38 and a beta of 0.82.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core MSCI EAFE ETF by 2.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 38,878,766 shares of the company’s stock worth $2,824,154,000 after buying an additional 1,020,859 shares in the last quarter. LPL Financial LLC grew its holdings in iShares Core MSCI EAFE ETF by 4.3% in the third quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock worth $2,831,337,000 after purchasing an additional 1,506,562 shares during the period. US Bancorp DE increased its stake in iShares Core MSCI EAFE ETF by 2.0% in the third quarter. US Bancorp DE now owns 32,868,438 shares of the company’s stock valued at $2,565,395,000 after purchasing an additional 656,213 shares in the last quarter. Raymond James & Associates raised its holdings in shares of iShares Core MSCI EAFE ETF by 0.9% during the third quarter. Raymond James & Associates now owns 30,028,727 shares of the company’s stock valued at $2,343,742,000 after purchasing an additional 281,791 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core MSCI EAFE ETF by 2.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 28,459,754 shares of the company’s stock worth $2,067,316,000 after purchasing an additional 561,317 shares in the last quarter.

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.