SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Reaches New 1-Year High – Here’s Why

Shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $93.79 and last traded at $92.4160, with a volume of 2076 shares. The stock had previously closed at $93.24.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

The company has a market capitalization of $1.00 billion, a PE ratio of 15.98 and a beta of 0.76. The stock has a 50-day simple moving average of $90.20 and a 200 day simple moving average of $88.07.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in QEFA. Ameriprise Financial Inc. grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 9.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,055,283 shares of the company’s stock valued at $92,641,000 after buying an additional 90,449 shares during the period. Intelligence Driven Advisers LLC boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 3.0% in the third quarter. Intelligence Driven Advisers LLC now owns 756,635 shares of the company’s stock worth $66,516,000 after acquiring an additional 21,999 shares during the last quarter. CX Institutional boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 43.6% in the third quarter. CX Institutional now owns 201,108 shares of the company’s stock worth $17,679,000 after acquiring an additional 61,066 shares during the last quarter. Hobart Private Capital LLC grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 43.5% in the second quarter. Hobart Private Capital LLC now owns 179,361 shares of the company’s stock valued at $15,307,000 after purchasing an additional 54,383 shares during the period. Finally, KWB Wealth grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 1.1% in the second quarter. KWB Wealth now owns 162,800 shares of the company’s stock valued at $12,854,000 after purchasing an additional 1,838 shares during the period.

About SPDR MSCI EAFE StrategicFactors ETF

The SPDR MSCI EAFE StrategicFactors ETF (QEFA) is an exchange-traded fund that is based on the MSCI EAFE Factor Mix A-Series (USD) index. The fund tracks an index of securities from developed markets in Europe, Australia and the Far East. The index equal-weights 3 subindexes: value, minimum volatility and quality. QEFA was launched on Jun 4, 2014 and is managed by State Street.