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

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s stock price reached a new 52-week high on Thursday . The company traded as high as $100.19 and last traded at $100.12, with a volume of 5469 shares changing hands. The stock had previously closed at $98.57.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

The stock has a market cap of $1.07 billion, a P/E ratio of 15.98 and a beta of 0.68. The firm’s 50 day moving average is $96.60 and its 200 day moving average is $95.98.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Sound Income Strategies LLC increased its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 219.3% during the first quarter. Sound Income Strategies LLC now owns 364 shares of the company’s stock worth $34,000 after purchasing an additional 250 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 217.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock worth $78,000 after purchasing an additional 625 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 22.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,217 shares of the company’s stock worth $110,000 after purchasing an additional 226 shares in the last quarter. Raymond James Financial Inc. purchased a new position in SPDR MSCI EAFE StrategicFactors ETF during the 2nd quarter worth $119,000. Finally, Kestra Advisory Services LLC purchased a new position in SPDR MSCI EAFE StrategicFactors ETF during the 4th quarter worth $164,000.

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.