iShares Core MSCI EAFE ETF (BATS:IEFA) Reaches New 52-Week High – What’s Next?

iShares Core MSCI EAFE ETF (BATS:IEFA) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $70.89 and last traded at $77.04, with a volume of 14707929 shares trading hands. The stock had previously closed at $69.78.

iShares Core MSCI EAFE ETF Trading Up 10.0 %

The firm has a 50-day moving average of $73.60 and a two-hundred day moving average of $74.28. The firm has a market capitalization of $128.92 billion, a PE ratio of 16.99 and a beta of 0.89.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Fiera Capital Corp raised its stake in shares of iShares Core MSCI EAFE ETF by 3.0% in the 3rd quarter. Fiera Capital Corp now owns 13,014 shares of the company’s stock valued at $1,016,000 after acquiring an additional 377 shares during the period. SpiderRock Advisors LLC increased its holdings in iShares Core MSCI EAFE ETF by 429.2% in the 3rd quarter. SpiderRock Advisors LLC now owns 24,373 shares of the company’s stock valued at $1,902,000 after purchasing an additional 19,767 shares in the last quarter. Verdence Capital Advisors LLC raised its position in iShares Core MSCI EAFE ETF by 4.8% in the third quarter. Verdence Capital Advisors LLC now owns 25,074 shares of the company’s stock valued at $1,957,000 after purchasing an additional 1,140 shares during the period. Lindbrook Capital LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 291.1% during the third quarter. Lindbrook Capital LLC now owns 3,082 shares of the company’s stock worth $241,000 after purchasing an additional 2,294 shares in the last quarter. Finally, RKL Wealth Management LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 0.5% in the third quarter. RKL Wealth Management LLC now owns 1,077,926 shares of the company’s stock valued at $84,132,000 after buying an additional 5,090 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.