iShares Core MSCI EAFE ETF (BATS:IEFA) Hits New 52-Week High at $74.38

iShares Core MSCI EAFE ETF (BATS:IEFA) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $74.38 and last traded at $73.90, with a volume of 5837920 shares changing hands. The stock had previously closed at $74.26.

iShares Core MSCI EAFE ETF Price Performance

The business has a 50 day simple moving average of $74.18 and a 200 day simple moving average of $72.39. The company has a market capitalization of $117.15 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Family Asset Management LLC increased its position in shares of iShares Core MSCI EAFE ETF by 16.7% during the fourth quarter. Family Asset Management LLC now owns 130,119 shares of the company’s stock worth $9,154,000 after acquiring an additional 18,591 shares during the period. Octavia Wealth Advisors LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at approximately $1,232,000. Elk River Wealth Management LLC grew its position in iShares Core MSCI EAFE ETF by 41.2% during the 4th quarter. Elk River Wealth Management LLC now owns 12,413 shares of the company’s stock worth $873,000 after purchasing an additional 3,625 shares during the last quarter. Bennett Associates Wealth Management purchased a new position in shares of iShares Core MSCI EAFE ETF during the fourth quarter worth about $11,903,000. Finally, Carmichael Hill & Associates Inc. lifted its position in iShares Core MSCI EAFE ETF by 33.7% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 1,241 shares of the company’s stock worth $87,000 after acquiring an additional 313 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.