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

iShares Core MSCI EAFE ETF (BATS:IEFA) reached a new 52-week high during trading on Monday . The stock traded as high as $70.89 and last traded at $75.62, with a volume of 14707929 shares. The stock had previously closed at $69.78.

iShares Core MSCI EAFE ETF Price Performance

The stock has a market cap of $118.70 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. The business’s 50 day moving average is $72.48 and its 200 day moving average is $74.09.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IEFA. Hopwood Financial Services Inc. purchased a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at approximately $28,000. Integrity Financial Corp WA boosted its position in shares of iShares Core MSCI EAFE ETF by 171.2% in the 4th 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 purchased a new position in iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $29,000. Darwin Wealth Management LLC acquired a new position in iShares Core MSCI EAFE ETF during the third quarter worth approximately $30,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in iShares Core MSCI EAFE ETF in the fourth quarter valued at approximately $30,000.

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.