iShares Core MSCI EAFE ETF (BATS:IEFA) Sets New 1-Year High – Here’s What Happened

iShares Core MSCI EAFE ETF (BATS:IEFA) shares hit a new 52-week high on Monday . The company traded as high as $75.11 and last traded at $74.53, with a volume of 6425121 shares traded. The stock had previously closed at $74.61.

iShares Core MSCI EAFE ETF Stock Up 0.6 %

The business’s 50 day simple moving average is $74.34 and its 200 day simple moving average is $74.54. The stock has a market cap of $116.76 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IEFA. HCR Wealth Advisors increased its holdings in shares of iShares Core MSCI EAFE ETF by 9.4% during the third quarter. HCR Wealth Advisors now owns 16,331 shares of the company’s stock valued at $1,275,000 after acquiring an additional 1,397 shares in the last quarter. Chan Zuckerberg Initiative LLC purchased a new position in shares of iShares Core MSCI EAFE ETF in the third quarter worth $86,526,000. Lavaca Capital LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter worth $787,000. QRG Capital Management Inc. grew its holdings in shares of iShares Core MSCI EAFE ETF by 23.1% during the second quarter. QRG Capital Management Inc. now owns 5,511 shares of the company’s stock valued at $400,000 after buying an additional 1,035 shares during the last quarter. Finally, Iams Wealth Management LLC purchased a new stake in iShares Core MSCI EAFE ETF during the 3rd quarter valued at about $237,000.

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.