SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Hits New 52-Week High – Time to Buy?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) shares reached a new 52-week high on Wednesday . The stock traded as high as $100.38 and last traded at $100.30, with a volume of 19497 shares traded. The stock had previously closed at $99.53.

SPDR MSCI EAFE StrategicFactors ETF Stock Up 0.8%

The business has a 50-day simple moving average of $96.76 and a 200-day simple moving average of $96.17. The stock has a market cap of $1.07 billion, a P/E ratio of 15.98 and a beta of 0.68.

Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF

Several large investors have recently modified their holdings of the company. AQR Capital Management LLC bought a new position in SPDR MSCI EAFE StrategicFactors ETF in the 1st quarter worth $218,000. JPMorgan Chase & Co. lifted its position in SPDR MSCI EAFE StrategicFactors ETF by 217.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock worth $78,000 after acquiring an additional 625 shares during the last quarter. Raymond James Financial Inc. bought a new stake in SPDR MSCI EAFE StrategicFactors ETF during the second quarter valued at about $119,000. Captrust Financial Advisors boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 0.6% during the second quarter. Captrust Financial Advisors now owns 101,287 shares of the company’s stock valued at $8,644,000 after acquiring an additional 570 shares during the period. Finally, Equitable Holdings Inc. grew its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 12.6% in the second quarter. Equitable Holdings Inc. now owns 130,744 shares of the company’s stock valued at $11,158,000 after purchasing an additional 14,651 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.