SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Hits New 52-Week High – What’s Next?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $100.38 and last traded at $100.30, with a volume of 19497 shares. The stock had previously closed at $99.53.

SPDR MSCI EAFE StrategicFactors ETF Stock Up 0.2%

The firm has a market capitalization of $1.07 billion, a PE ratio of 15.98 and a beta of 0.68. The business has a 50-day moving average price of $96.86 and a 200-day moving average price of $96.27.

Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 16.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 47,024 shares of the company’s stock worth $4,599,000 after purchasing an additional 6,491 shares during the last quarter. Manning & Napier Advisors LLC lifted its position in SPDR MSCI EAFE StrategicFactors ETF by 93.6% in the fourth quarter. Manning & Napier Advisors LLC now owns 22,530 shares of the company’s stock valued at $2,052,000 after buying an additional 10,891 shares during the last quarter. Palladiem LLC acquired a new position in SPDR MSCI EAFE StrategicFactors ETF in the fourth quarter valued at about $6,631,000. HighTower Advisors LLC boosted its stake in SPDR MSCI EAFE StrategicFactors ETF by 11.1% during the fourth quarter. HighTower Advisors LLC now owns 61,930 shares of the company’s stock worth $5,615,000 after buying an additional 6,194 shares during the period. Finally, Evergreen Private Wealth LLC increased its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 8.2% during the fourth quarter. Evergreen Private Wealth LLC now owns 111,139 shares of the company’s stock valued at $10,077,000 after acquiring an additional 8,441 shares during the last quarter.

SPDR MSCI EAFE StrategicFactors ETF Company Profile

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.