iShares Core MSCI EAFE ETF (BATS:IEFA) Sets 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 Wednesday . The stock traded as high as $98.34 and last traded at $98.3550, with a volume of 4084539 shares changing hands. The stock had previously closed at $97.62.

iShares Core MSCI EAFE ETF Price Performance

The company has a market cap of $168.58 billion, a PE ratio of 16.18 and a beta of 0.84. The company has a 50-day moving average of $93.20 and a 200 day moving average of $89.48.

Hedge Funds Weigh In On iShares Core MSCI EAFE ETF

A number of institutional investors and hedge funds have recently modified their holdings of IEFA. Revolve Wealth Partners LLC increased its position in iShares Core MSCI EAFE ETF by 3.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock valued at $38,771,000 after acquiring an additional 19,941 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in shares of iShares Core MSCI EAFE ETF by 3.9% during the 2nd quarter. Wealthfront Advisers LLC now owns 25,627 shares of the company’s stock worth $2,139,000 after purchasing an additional 953 shares during the period. Nisa Investment Advisors LLC grew its holdings in iShares Core MSCI EAFE ETF by 15.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 71,400 shares of the company’s stock valued at $5,960,000 after purchasing an additional 9,600 shares during the last quarter. Bessemer Group Inc. grew its holdings in iShares Core MSCI EAFE ETF by 7.0% during the 2nd quarter. Bessemer Group Inc. now owns 88,428 shares of the company’s stock valued at $7,383,000 after purchasing an additional 5,756 shares during the last quarter. Finally, May Hill Capital LLC raised its position in iShares Core MSCI EAFE ETF by 17.4% in the 2nd quarter. May Hill Capital LLC now owns 96,591 shares of the company’s stock worth $8,063,000 after purchasing an additional 14,320 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.