SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Reaches New 1-Year High – Time to Buy?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $93.23 and last traded at $93.3050, with a volume of 1801 shares traded. The stock had previously closed at $92.96.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

The company has a market cap of $994.67 million, a price-to-earnings ratio of 15.98 and a beta of 0.76. The firm has a 50-day moving average price of $89.81 and a 200 day moving average price of $87.85.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 9.4% in 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. Flow Traders U.S. LLC increased its position in SPDR MSCI EAFE StrategicFactors ETF by 135.6% during the third quarter. Flow Traders U.S. LLC now owns 111,571 shares of the company’s stock worth $9,808,000 after acquiring an additional 64,220 shares during the period. Moneta Group Investment Advisors LLC acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF in the 3rd quarter worth about $5,640,000. Intelligence Driven Advisers LLC boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 9.2% in the 2nd quarter. Intelligence Driven Advisers LLC now owns 734,636 shares of the company’s stock valued at $62,694,000 after purchasing an additional 61,778 shares during the period. Finally, CX Institutional boosted its holdings 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 valued at $17,679,000 after purchasing an additional 61,066 shares during the period.

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.