iShares MSCI EAFE ETF (NYSEARCA:EFA) Reaches New 12-Month High – Here’s What Happened

iShares MSCI EAFE ETF (NYSEARCA:EFA) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $104.17 and last traded at $103.99, with a volume of 20137336 shares changing hands. The stock had previously closed at $102.61.

iShares MSCI EAFE ETF Price Performance

The company’s 50-day simple moving average is $98.61 and its two-hundred day simple moving average is $94.93. The firm has a market capitalization of $76.86 billion, a P/E ratio of 16.48 and a beta of 0.84.

Institutional Trading of iShares MSCI EAFE ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dynamic Advisor Solutions LLC increased its stake in iShares MSCI EAFE ETF by 20.2% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 33,486 shares of the exchange traded fund’s stock worth $3,127,000 after acquiring an additional 5,638 shares during the last quarter. HMS Capital Management LLC boosted its position in shares of iShares MSCI EAFE ETF by 11.3% during the 3rd quarter. HMS Capital Management LLC now owns 190,530 shares of the exchange traded fund’s stock valued at $17,790,000 after acquiring an additional 19,371 shares during the last quarter. Aegis Wealth Management LLC grew its holdings in shares of iShares MSCI EAFE ETF by 132.6% in the third quarter. Aegis Wealth Management LLC now owns 27,291 shares of the exchange traded fund’s stock valued at $2,548,000 after purchasing an additional 15,559 shares in the last quarter. Atlantic Union Bankshares Corp grew its holdings in shares of iShares MSCI EAFE ETF by 49.7% in the second quarter. Atlantic Union Bankshares Corp now owns 96,644 shares of the exchange traded fund’s stock valued at $8,639,000 after purchasing an additional 32,097 shares in the last quarter. Finally, Global Retirement Partners LLC increased its position in iShares MSCI EAFE ETF by 26.1% in the third quarter. Global Retirement Partners LLC now owns 48,460 shares of the exchange traded fund’s stock worth $4,525,000 after purchasing an additional 10,032 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

About iShares MSCI EAFE ETF

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.