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

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $93.79 and last traded at $92.4160, with a volume of 2076 shares traded. The stock had previously closed at $93.24.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 15.98 and a beta of 0.76. The stock’s fifty day simple moving average is $90.38 and its two-hundred day simple moving average is $88.19.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 9.4% during the third quarter. Ameriprise Financial Inc. now owns 1,055,283 shares of the company’s stock valued at $92,641,000 after acquiring an additional 90,449 shares during the period. Intelligence Driven Advisers LLC boosted its stake in SPDR MSCI EAFE StrategicFactors ETF by 3.0% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 756,635 shares of the company’s stock valued at $66,516,000 after purchasing an additional 21,999 shares during the period. CX Institutional grew its position in SPDR MSCI EAFE StrategicFactors ETF by 43.6% in the 3rd quarter. CX Institutional now owns 201,108 shares of the company’s stock worth $17,679,000 after purchasing an additional 61,066 shares during the last quarter. Hobart Private Capital LLC grew its position in SPDR MSCI EAFE StrategicFactors ETF by 43.5% in the 2nd quarter. Hobart Private Capital LLC now owns 179,361 shares of the company’s stock worth $15,307,000 after purchasing an additional 54,383 shares during the last quarter. Finally, KWB Wealth increased its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 1.1% in the second quarter. KWB Wealth now owns 162,800 shares of the company’s stock valued at $12,854,000 after purchasing an additional 1,838 shares during the period.

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.