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

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price hit a new 52-week high on Tuesday . The company traded as high as $91.00 and last traded at $91.0350, with a volume of 1183 shares traded. The stock had previously closed at $90.13.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

The firm’s 50-day simple moving average is $88.84 and its 200 day simple moving average is $86.99. The firm has a market capitalization of $969.10 million, a price-to-earnings ratio of 15.98 and a beta of 0.76.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Large investors have recently bought and sold shares of the company. Kingswood Wealth Advisors LLC boosted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 4.0% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 3,012 shares of the company’s stock worth $265,000 after buying an additional 117 shares during the last quarter. Flagship Private Wealth LLC increased its holdings in SPDR MSCI EAFE StrategicFactors ETF by 3.9% in the 2nd quarter. Flagship Private Wealth LLC now owns 3,572 shares of the company’s stock worth $305,000 after acquiring an additional 134 shares during the last quarter. McAdam LLC lifted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 1.2% during the second quarter. McAdam LLC now owns 12,578 shares of the company’s stock valued at $1,073,000 after purchasing an additional 147 shares during the last quarter. Warren Street Wealth Advisors LLC boosted its position in SPDR MSCI EAFE StrategicFactors ETF by 0.5% during the second quarter. Warren Street Wealth Advisors LLC now owns 31,599 shares of the company’s stock worth $2,697,000 after purchasing an additional 161 shares during the period. Finally, Assetmark Inc. raised its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 5.9% in the third quarter. Assetmark Inc. now owns 3,775 shares of the company’s stock valued at $332,000 after purchasing an additional 209 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.