SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Reaches New 12-Month High – Time to Buy?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $99.98 and last traded at $99.73, with a volume of 16012 shares changing hands. The stock had previously closed at $99.19.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

The stock has a 50-day moving average of $94.85 and a two-hundred day moving average of $90.47. The company has a market cap of $1.09 billion, a P/E ratio of 15.98 and a beta of 0.76.

Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF

Several institutional investors have recently added to or reduced their stakes in QEFA. AQR Capital Management LLC purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the first quarter worth about $218,000. Flagship Harbor Advisors LLC bought a new stake in SPDR MSCI EAFE StrategicFactors ETF in the second quarter valued at approximately $301,000. Bank of Montreal Can lifted its position in SPDR MSCI EAFE StrategicFactors ETF by 116.0% in the second quarter. Bank of Montreal Can now owns 17,141 shares of the company’s stock valued at $1,463,000 after purchasing an additional 9,207 shares during the last quarter. Flagship Private Wealth LLC boosted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 3.9% during the second quarter. Flagship Private Wealth LLC now owns 3,572 shares of the company’s stock valued at $305,000 after purchasing an additional 134 shares during the period. Finally, Nvwm LLC grew its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 34.8% in the second quarter. Nvwm LLC now owns 21,661 shares of the company’s stock worth $1,849,000 after purchasing an additional 5,594 shares during the last quarter.

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.