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

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $96.73 and last traded at $96.65, with a volume of 1055 shares traded. The stock had previously closed at $95.67.

SPDR MSCI EAFE StrategicFactors ETF Trading Up 0.6%

The business has a 50 day simple moving average of $91.54 and a two-hundred day simple moving average of $88.83. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 15.98 and a beta of 0.76.

Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in QEFA. Kingswood Wealth Advisors LLC boosted its stake in SPDR MSCI EAFE StrategicFactors ETF by 4.0% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 3,012 shares of the company’s stock valued at $265,000 after acquiring an additional 117 shares during the last quarter. Flagship Private Wealth LLC lifted its position 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 worth $305,000 after purchasing an additional 134 shares during the last quarter. Assetmark Inc. lifted its position in shares of 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 purchasing an additional 209 shares during the last quarter. Stratos Wealth Partners LTD. grew its stake in SPDR MSCI EAFE StrategicFactors ETF by 2.4% in the second quarter. Stratos Wealth Partners LTD. now owns 10,060 shares of the company’s stock worth $859,000 after purchasing an additional 231 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its holdings in SPDR MSCI EAFE StrategicFactors ETF by 1.5% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 17,954 shares of the company’s stock valued at $1,578,000 after buying an additional 265 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.