SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sets New 1-Year High – Time to Buy?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $102.05 and last traded at $101.97, with a volume of 2375 shares changing hands. The stock had previously closed at $101.15.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

The stock has a market capitalization of $1.09 billion, a PE ratio of 15.98 and a beta of 0.68. The stock’s 50 day moving average is $97.98 and its two-hundred day moving average is $96.75.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

A number of large investors have recently modified their holdings of the business. Sound Income Strategies LLC grew its stake in SPDR MSCI EAFE StrategicFactors ETF by 219.3% during the 1st quarter. Sound Income Strategies LLC now owns 364 shares of the company’s stock valued at $34,000 after acquiring an additional 250 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 217.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock valued at $78,000 after buying an additional 625 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 22.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,217 shares of the company’s stock worth $110,000 after acquiring an additional 226 shares during the period. Raymond James Financial Inc. acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the 2nd quarter valued at about $119,000. Finally, Kestra Advisory Services LLC acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF during the fourth quarter worth about $164,000.

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.