SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sets New 1-Year High – Should You Buy?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) shares hit a new 52-week high during trading on Monday . The stock traded as high as $81.49 and last traded at $81.52, with a volume of 23439 shares traded. The stock had previously closed at $80.56.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

The stock has a 50-day moving average of $76.58 and a 200-day moving average of $76.80. The firm has a market cap of $899.25 million, a price-to-earnings ratio of 17.01 and a beta of 0.79.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC bought a new position in SPDR MSCI EAFE StrategicFactors ETF during the 4th quarter worth approximately $34,000. JPMorgan Chase & Co. raised its stake in SPDR MSCI EAFE StrategicFactors ETF by 137.5% during the fourth quarter. JPMorgan Chase & Co. now owns 475 shares of the company’s stock worth $34,000 after buying an additional 275 shares during the last quarter. Centricity Wealth Management LLC bought a new position in SPDR MSCI EAFE StrategicFactors ETF during the fourth quarter worth $49,000. Wells Fargo & Company MN grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 85,000.0% during the 4th quarter. Wells Fargo & Company MN now owns 851 shares of the company’s stock worth $62,000 after acquiring an additional 850 shares during the period. Finally, Flagship Private Wealth LLC bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the 4th quarter worth about $218,000.

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.