iShares Core MSCI EAFE ETF (BATS:IEFA) Hits New 1-Year High – Here’s Why

iShares Core MSCI EAFE ETF (BATS:IEFA)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $76.86 and last traded at $76.56, with a volume of 5394953 shares. The stock had previously closed at $77.04.

iShares Core MSCI EAFE ETF Trading Up 0.0 %

The stock’s 50 day moving average price is $75.45 and its 200 day moving average price is $74.35. The company has a market capitalization of $119.97 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IEFA. TIAA Trust National Association increased its stake in shares of iShares Core MSCI EAFE ETF by 0.5% during the 1st quarter. TIAA Trust National Association now owns 58,621,198 shares of the company’s stock worth $4,350,865,000 after purchasing an additional 270,565 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares Core MSCI EAFE ETF by 2.7% during the second quarter. Envestnet Asset Management Inc. now owns 38,878,766 shares of the company’s stock worth $2,824,154,000 after buying an additional 1,020,859 shares during the last quarter. LPL Financial LLC raised its stake in iShares Core MSCI EAFE ETF by 4.6% in the second quarter. LPL Financial LLC now owns 34,769,372 shares of the company’s stock valued at $2,525,647,000 after buying an additional 1,529,043 shares during the period. US Bancorp DE lifted its position in shares of iShares Core MSCI EAFE ETF by 2.4% in the second quarter. US Bancorp DE now owns 32,212,225 shares of the company’s stock valued at $2,339,952,000 after buying an additional 768,822 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in shares of iShares Core MSCI EAFE ETF by 1.2% during the 2nd quarter. Raymond James & Associates now owns 29,746,936 shares of the company’s stock worth $2,160,817,000 after acquiring an additional 362,644 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.