SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Hits New 52-Week High – Time to Buy?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $99.26 and last traded at $98.9450, with a volume of 40335 shares changing hands. The stock had previously closed at $98.43.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

The firm has a market capitalization of $1.08 billion, a PE ratio of 15.98 and a beta of 0.76. The company has a fifty day moving average of $93.71 and a 200-day moving average of $89.86.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several institutional investors have recently made changes to their positions in QEFA. Kingswood Wealth Advisors LLC grew its position in SPDR MSCI EAFE StrategicFactors ETF by 4.0% in the third quarter. Kingswood Wealth Advisors LLC now owns 3,012 shares of the company’s stock worth $265,000 after acquiring an additional 117 shares in the last quarter. Flagship Private Wealth LLC boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 3.9% in the second quarter. Flagship Private Wealth LLC now owns 3,572 shares of the company’s stock worth $305,000 after purchasing an additional 134 shares in the last quarter. Cerity Partners LLC boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 2.0% in the fourth quarter. Cerity Partners LLC now owns 8,487 shares of the company’s stock worth $770,000 after purchasing an additional 170 shares in the last quarter. Assetmark Inc. increased its position in SPDR MSCI EAFE StrategicFactors ETF by 5.9% during the third quarter. Assetmark Inc. now owns 3,775 shares of the company’s stock worth $332,000 after buying an additional 209 shares during the last quarter. Finally, 1620 Investment Advisors Inc. raised its holdings in SPDR MSCI EAFE StrategicFactors ETF by 0.5% during the fourth quarter. 1620 Investment Advisors Inc. now owns 42,631 shares of the company’s stock valued at $3,865,000 after buying an additional 210 shares in 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.