iShares Core MSCI EAFE ETF (BATS:IEFA) Hits New 52-Week High – Still a Buy?

iShares Core MSCI EAFE ETF (BATS:IEFA) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $70.89 and last traded at $73.55, with a volume of 14707929 shares. The stock had previously closed at $69.78.

iShares Core MSCI EAFE ETF Stock Performance

The company’s 50 day moving average price is $71.95 and its 200 day moving average price is $73.92. The company has a market cap of $115.48 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Union Savings Bank increased its stake in shares of iShares Core MSCI EAFE ETF by 39.6% during the 4th quarter. Union Savings Bank now owns 501 shares of the company’s stock worth $35,000 after purchasing an additional 142 shares during the last quarter. Koshinski Asset Management Inc. increased its stake in shares of iShares Core MSCI EAFE ETF by 0.3% during the 4th quarter. Koshinski Asset Management Inc. now owns 49,285 shares of the company’s stock worth $3,464,000 after purchasing an additional 148 shares during the last quarter. Winthrop Advisory Group LLC grew its stake in iShares Core MSCI EAFE ETF by 4.3% in the 4th quarter. Winthrop Advisory Group LLC now owns 3,666 shares of the company’s stock valued at $258,000 after buying an additional 151 shares during the last quarter. NorthRock Partners LLC grew its stake in iShares Core MSCI EAFE ETF by 2.7% in the 3rd quarter. NorthRock Partners LLC now owns 5,895 shares of the company’s stock valued at $460,000 after buying an additional 153 shares during the last quarter. Finally, Selective Wealth Management Inc. grew its stake in iShares Core MSCI EAFE ETF by 2.1% in the 4th quarter. Selective Wealth Management Inc. now owns 7,764 shares of the company’s stock valued at $542,000 after buying an additional 160 shares during the last quarter.

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.