SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sets New 12-Month High – Still a Buy?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $91.31 and last traded at $91.0510, with a volume of 14013 shares trading hands. The stock had previously closed at $91.03.

SPDR MSCI EAFE StrategicFactors ETF Trading Down 0.1%

The firm has a market capitalization of $968.14 million, a price-to-earnings ratio of 15.98 and a beta of 0.76. The firm’s 50-day moving average is $89.06 and its 200 day moving average is $87.18.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of QEFA. Salem Investment Counselors Inc. acquired a new position in SPDR MSCI EAFE StrategicFactors ETF during the 3rd quarter worth about $46,000. JPMorgan Chase & Co. lifted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 217.0% in the second quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock worth $78,000 after acquiring an additional 625 shares during the period. Raymond James Financial Inc. acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF during the 2nd quarter valued at approximately $119,000. Seed Wealth Management Inc. acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the 2nd quarter worth approximately $213,000. Finally, AQR Capital Management LLC bought a new stake in SPDR MSCI EAFE StrategicFactors ETF during the first quarter valued at $218,000.

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.