SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Reaches New 1-Year High – What’s Next?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $98.08 and last traded at $97.86, with a volume of 20596 shares traded. The stock had previously closed at $96.89.

SPDR MSCI EAFE StrategicFactors ETF Stock Up 1.0%

The company’s fifty day moving average is $92.19 and its two-hundred day moving average is $89.14. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 15.98 and a beta of 0.76.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF in the first quarter valued at approximately $218,000. CWM LLC boosted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 1.3% during the second quarter. CWM LLC now owns 58,001 shares of the company’s stock worth $4,950,000 after buying an additional 744 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 11.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 8,516 shares of the company’s stock worth $727,000 after buying an additional 849 shares during the last quarter. NorthRock Partners LLC increased its position in SPDR MSCI EAFE StrategicFactors ETF by 4.8% in the 2nd quarter. NorthRock Partners LLC now owns 14,574 shares of the company’s stock valued at $1,244,000 after acquiring an additional 667 shares during the period. Finally, Financial Guidance Group Inc. raised its stake in SPDR MSCI EAFE StrategicFactors ETF by 5.8% during the 2nd quarter. Financial Guidance Group Inc. now owns 136,874 shares of the company’s stock valued at $11,681,000 after acquiring an additional 7,486 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.