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

iShares Core MSCI EAFE ETF (BATS:IEFA) shares reached a new 52-week high on Monday . The stock traded as high as $73.48 and last traded at $73.21, with a volume of 10971276 shares traded. The stock had previously closed at $73.46.

iShares Core MSCI EAFE ETF Stock Performance

The stock has a market capitalization of $112.88 billion, a PE ratio of 14.38 and a beta of 0.82. The stock’s 50 day moving average is $73.90 and its two-hundred day moving average is $74.46.

Institutional Investors Weigh In On iShares Core MSCI EAFE ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Trueblood Wealth Management LLC boosted its position in iShares Core MSCI EAFE ETF by 3.9% during the second quarter. Trueblood Wealth Management LLC now owns 3,868 shares of the company’s stock worth $281,000 after acquiring an additional 144 shares during the last quarter. Litman Gregory Wealth Management LLC lifted its stake in iShares Core MSCI EAFE ETF by 0.5% in the 2nd quarter. Litman Gregory Wealth Management LLC now owns 29,454 shares of the company’s stock worth $2,140,000 after purchasing an additional 149 shares in the last quarter. NorthRock Partners LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 2.7% during the 3rd quarter. NorthRock Partners LLC now owns 5,895 shares of the company’s stock worth $460,000 after purchasing an additional 153 shares during the last quarter. CWS Financial Advisors LLC grew its position in shares of iShares Core MSCI EAFE ETF by 0.5% in the second quarter. CWS Financial Advisors LLC now owns 33,697 shares of the company’s stock valued at $2,448,000 after purchasing an additional 156 shares in the last quarter. Finally, Lane & Associates LLC grew its position in shares of iShares Core MSCI EAFE ETF by 0.4% in the second quarter. Lane & Associates LLC now owns 36,501 shares of the company’s stock valued at $2,651,000 after purchasing an additional 160 shares in the last quarter.

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.