iShares MSCI EAFE ETF (NYSEARCA:EFA) Reaches New 1-Year High – Time to Buy?

iShares MSCI EAFE ETF (NYSEARCA:EFAGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $105.95 and last traded at $105.92, with a volume of 5396287 shares trading hands. The stock had previously closed at $103.37.

iShares MSCI EAFE ETF Stock Performance

The company’s fifty day simple moving average is $103.86 and its two-hundred day simple moving average is $101.96. The company has a market capitalization of $78.31 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

Institutional Trading of iShares MSCI EAFE ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Horizon Investments LLC grew its position in shares of iShares MSCI EAFE ETF by 2,520.0% in the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC bought a new stake in iShares MSCI EAFE ETF during the fourth quarter valued at $26,000. Atlas Capital Advisors Inc. acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $29,000. Scarborough Advisors LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the first quarter worth $33,000. Finally, GeoWealth Management LLC bought a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

About iShares MSCI EAFE ETF

(Get Free Report)

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

Further Reading

Receive News & Ratings for iShares MSCI EAFE ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE ETF and related companies with MarketBeat.com's FREE daily email newsletter.