iShares Core MSCI EAFE ETF (BATS:IEFA) Reaches New 1-Year High – Time to Buy?

iShares Core MSCI EAFE ETF (BATS:IEFA)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $70.89 and last traded at $72.38, with a volume of 14707929 shares changing hands. The stock had previously closed at $69.78.

iShares Core MSCI EAFE ETF Price Performance

The business’s 50 day moving average price is $72.07 and its 200-day moving average price is $73.88. The company has a market cap of $114.29 billion, a P/E ratio of 14.38 and a beta of 0.82.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of IEFA. Life Planning Partners Inc raised its stake in shares of iShares Core MSCI EAFE ETF by 6,920.2% in the fourth quarter. Life Planning Partners Inc now owns 8,435,918 shares of the company’s stock valued at $592,876,000 after acquiring an additional 8,315,752 shares during the last quarter. Constellation Investments Inc. acquired a new stake in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at approximately $129,702,000. CX Institutional increased its holdings in shares of iShares Core MSCI EAFE ETF by 670.8% in the fourth quarter. CX Institutional now owns 1,921,231 shares of the company’s stock valued at $135,024,000 after purchasing an additional 1,671,978 shares in the last quarter. Truist Financial Corp increased its holdings in shares of iShares Core MSCI EAFE ETF by 22.4% in the fourth quarter. Truist Financial Corp now owns 8,877,878 shares of the company’s stock valued at $623,937,000 after purchasing an additional 1,626,219 shares in the last quarter. Finally, Nationwide Fund Advisors acquired a new stake in shares of iShares Core MSCI EAFE ETF in the third quarter valued at approximately $124,196,000.

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.