iShares MSCI EAFE ETF (NYSEARCA:EFA) Hits New 1-Year High – Here’s Why

iShares MSCI EAFE ETF (NYSEARCA:EFA)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $87.87 and last traded at $87.84, with a volume of 3295006 shares. The stock had previously closed at $87.24.

iShares MSCI EAFE ETF Trading Up 1.0%

The firm has a market cap of $61.88 billion, a price-to-earnings ratio of 16.35 and a beta of 0.84. The company has a 50 day moving average of $82.49 and a 200 day moving average of $80.10.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of EFA. AllSquare Wealth Management LLC lifted its holdings in iShares MSCI EAFE ETF by 92.7% during the 4th quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 190 shares during the last quarter. Parkworth Wealth Management Inc. acquired a new stake in iShares MSCI EAFE ETF during the fourth quarter worth approximately $32,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of iShares MSCI EAFE ETF during the first quarter worth approximately $34,000. Fiduciary Wealth Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF in the first quarter valued at approximately $36,000. Finally, Park Square Financial Group LLC bought a new position in shares of iShares MSCI EAFE ETF during the fourth quarter worth approximately $33,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Company Profile

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.