SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sets New 52-Week High – Here’s What Happened

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price hit a new 52-week high on Monday . The company traded as high as $94.71 and last traded at $94.9750, with a volume of 1489 shares. The stock had previously closed at $93.63.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

The firm has a market cap of $1.03 billion, a P/E ratio of 15.98 and a beta of 0.76. The firm has a fifty day moving average of $90.46 and a 200-day moving average of $88.30.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several institutional investors have recently modified their holdings of QEFA. 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. CX Institutional boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 43.6% during the third quarter. CX Institutional now owns 201,108 shares of the company’s stock worth $17,679,000 after buying an additional 61,066 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in SPDR MSCI EAFE StrategicFactors ETF in the 2nd quarter worth approximately $1,001,000. Osaic Holdings Inc. grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 22.2% in the 2nd quarter. Osaic Holdings Inc. now owns 34,717 shares of the company’s stock worth $2,968,000 after buying an additional 6,313 shares in the last quarter. Finally, Encompass More Asset Management acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF in the 3rd quarter valued at approximately $1,220,000.

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.