SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sets New 1-Year High – Here’s Why

Shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) hit a new 52-week high during trading on Monday . The stock traded as high as $84.17 and last traded at $83.98, with a volume of 892 shares. The stock had previously closed at $83.80.

SPDR MSCI EAFE StrategicFactors ETF Stock Up 1.0%

The firm has a market capitalization of $915.57 million, a P/E ratio of 16.65 and a beta of 0.76. The stock has a fifty day moving average of $80.05 and a 200-day moving average of $77.22.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Large investors have recently modified their holdings of the business. Park Avenue Securities LLC increased its holdings in SPDR MSCI EAFE StrategicFactors ETF by 6.8% during the fourth quarter. Park Avenue Securities LLC now owns 11,228 shares of the company’s stock worth $814,000 after buying an additional 713 shares during the last quarter. Edge Financial Advisors LLC raised its position in SPDR MSCI EAFE StrategicFactors ETF by 0.5% during the fourth quarter. Edge Financial Advisors LLC now owns 32,084 shares of the company’s stock worth $2,326,000 after acquiring an additional 173 shares in the last quarter. CX Institutional raised its position in SPDR MSCI EAFE StrategicFactors ETF by 18.6% during the fourth quarter. CX Institutional now owns 203,903 shares of the company’s stock worth $14,785,000 after acquiring an additional 31,955 shares in the last quarter. Dynamic Advisor Solutions LLC raised its position in SPDR MSCI EAFE StrategicFactors ETF by 3.9% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 109,032 shares of the company’s stock worth $7,906,000 after acquiring an additional 4,128 shares in the last quarter. Finally, Flagship Private Wealth LLC bought a new stake in SPDR MSCI EAFE StrategicFactors ETF during the fourth quarter worth $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.