iShares Core MSCI EAFE ETF (BATS:IEFA) Shares Break Above 200 Day Moving Average – Here’s Why

iShares Core MSCI EAFE ETF (BATS:IEFA) shares crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $96.36 and traded as high as $98.52. iShares Core MSCI EAFE ETF shares last traded at $98.48, with a volume of 7,828,342 shares.

iShares Core MSCI EAFE ETF Price Performance

The company has a 50-day simple moving average of $97.83 and a 200-day simple moving average of $96.36. The stock has a market cap of $168.40 billion, a PE ratio of 16.18 and a beta of 0.84.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IEFA. Eclectic Associates Inc. ADV boosted its position in shares of iShares Core MSCI EAFE ETF by 3.4% in the 2nd quarter. Eclectic Associates Inc. ADV now owns 3,283 shares of the company’s stock worth $317,000 after buying an additional 108 shares in the last quarter. Lifelong Wealth Advisors Inc. increased its holdings in iShares Core MSCI EAFE ETF by 2.3% during the 3rd quarter. Lifelong Wealth Advisors Inc. now owns 4,788 shares of the company’s stock valued at $464,000 after acquiring an additional 109 shares in the last quarter. Clifford Swan Investment Counsel LLC increased its holdings in iShares Core MSCI EAFE ETF by 4.3% during the 1st quarter. Clifford Swan Investment Counsel LLC now owns 2,746 shares of the company’s stock valued at $249,000 after acquiring an additional 114 shares in the last quarter. KFG Wealth Management LLC raised its position in shares of iShares Core MSCI EAFE ETF by 4.9% during the 2nd quarter. KFG Wealth Management LLC now owns 2,423 shares of the company’s stock worth $234,000 after purchasing an additional 114 shares during the last quarter. Finally, RVW Wealth LLC raised its stake in iShares Core MSCI EAFE ETF by 1.6% in the 3rd quarter. RVW Wealth LLC now owns 7,399 shares of the company’s stock valued at $717,000 after purchasing an additional 115 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.