iShares Core MSCI EAFE ETF (BATS:IEFA) Sets New 12-Month High – Here’s Why

iShares Core MSCI EAFE ETF (BATS:IEFA) shares reached a new 52-week high on Monday . The stock traded as high as $72.08 and last traded at $72.29, with a volume of 6770099 shares traded. The stock had previously closed at $71.87.

iShares Core MSCI EAFE ETF Price Performance

The company has a market capitalization of $113.50 billion, a P/E ratio of 14.38 and a beta of 0.82. The business’s 50-day moving average price is $75.52 and its two-hundred day moving average price is $74.73.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IEFA. Trueblood Wealth Management LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 3.9% during the 2nd quarter. Trueblood Wealth Management LLC now owns 3,868 shares of the company’s stock valued at $281,000 after purchasing an additional 144 shares in the last quarter. Litman Gregory Wealth Management LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 0.5% in the second quarter. Litman Gregory Wealth Management LLC now owns 29,454 shares of the company’s stock valued at $2,140,000 after buying an additional 149 shares during the period. Cardinal Point Capital Management ULC raised its holdings in shares of iShares Core MSCI EAFE ETF by 4.9% during the second quarter. Cardinal Point Capital Management ULC now owns 3,230 shares of the company’s stock worth $235,000 after acquiring an additional 152 shares during the period. NorthRock Partners LLC lifted its position 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 acquiring an additional 153 shares in the last quarter. Finally, Parsons Capital Management Inc. RI boosted its stake in iShares Core MSCI EAFE ETF by 0.5% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 29,578 shares of the company’s stock worth $2,149,000 after purchasing an additional 154 shares during the period.

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.