iShares MSCI EAFE ETF (NYSEARCA:EFA) Hits New 52-Week High – Time to Buy?

Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) reached a new 52-week high on Monday . The stock traded as high as $84.60 and last traded at $84.61, with a volume of 5249099 shares trading hands. The stock had previously closed at $83.71.

iShares MSCI EAFE ETF Stock Down 0.4 %

The firm’s 50 day simple moving average is $80.32 and its two-hundred day simple moving average is $79.86. The stock has a market cap of $59.24 billion, a P/E ratio of 17.21 and a beta of 0.86.

Hedge Funds Weigh In On iShares MSCI EAFE ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Guidance Point Advisors LLC increased its holdings in shares of iShares MSCI EAFE ETF by 1.4% during the 4th quarter. Guidance Point Advisors LLC now owns 9,354 shares of the exchange traded fund’s stock worth $707,000 after acquiring an additional 126 shares during the last quarter. Armor Investment Advisors LLC increased its holdings in shares of iShares MSCI EAFE ETF by 4.7% during the 4th quarter. Armor Investment Advisors LLC now owns 2,856 shares of the exchange traded fund’s stock worth $216,000 after acquiring an additional 127 shares during the last quarter. Landmark Wealth Management LLC increased its holdings in shares of iShares MSCI EAFE ETF by 2.3% during the 4th quarter. Landmark Wealth Management LLC now owns 5,730 shares of the exchange traded fund’s stock worth $433,000 after acquiring an additional 130 shares during the last quarter. Blue Barn Wealth LLC increased its holdings in shares of iShares MSCI EAFE ETF by 2.5% during the 4th quarter. Blue Barn Wealth LLC now owns 5,357 shares of the exchange traded fund’s stock worth $405,000 after acquiring an additional 132 shares during the last quarter. Finally, EFG Asset Management Americas Corp. grew its holdings in iShares MSCI EAFE ETF by 0.5% in the 4th quarter. EFG Asset Management Americas Corp. now owns 26,943 shares of the exchange traded fund’s stock valued at $2,037,000 after buying an additional 135 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Company Profile

iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance.