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

iShares MSCI EAFE ETF (NYSEARCA:EFA)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $72.14 and last traded at $73.38, with a volume of 23917603 shares. The stock had previously closed at $75.02.

iShares MSCI EAFE ETF Stock Performance

The stock’s fifty day simple moving average is $81.36 and its two-hundred day simple moving average is $79.74. The company has a market capitalization of $55.22 billion, a price-to-earnings ratio of 16.88 and a beta of 0.81.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AllSquare Wealth Management LLC raised its stake 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 period. Parkworth Wealth Management Inc. acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $32,000. Park Square Financial Group LLC purchased a new stake in iShares MSCI EAFE ETF in the 4th quarter worth about $33,000. Murphy & Mullick Capital Management Corp acquired a new stake in iShares MSCI EAFE ETF during the 4th quarter worth about $36,000. Finally, Mpwm Advisory Solutions LLC purchased a new position in iShares MSCI EAFE ETF during the 4th quarter valued at about $36,000. 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.