SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Reaches New 1-Year Low – What’s Next?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)’s share price hit a new 52-week low on Monday . The company traded as low as $71.27 and last traded at $71.49, with a volume of 20195 shares traded. The stock had previously closed at $73.82.

SPDR MSCI EAFE StrategicFactors ETF Trading Up 6.7 %

The stock has a 50-day moving average price of $78.21 and a 200 day moving average price of $76.68. The stock has a market capitalization of $842.78 million, a price-to-earnings ratio of 16.82 and a beta of 0.79.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in QEFA. HighTower Advisors LLC increased its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 4.2% during the fourth quarter. HighTower Advisors LLC now owns 43,958 shares of the company’s stock worth $3,187,000 after purchasing an additional 1,763 shares in the last quarter. Edge Financial Advisors LLC boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 0.5% in the 4th quarter. Edge Financial Advisors LLC now owns 32,084 shares of the company’s stock worth $2,326,000 after buying an additional 173 shares during the last quarter. Sowell Financial Services LLC boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 22.1% in the 4th quarter. Sowell Financial Services LLC now owns 109,166 shares of the company’s stock worth $7,916,000 after buying an additional 19,780 shares during the last quarter. CX Institutional raised its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 18.6% during the fourth quarter. CX Institutional now owns 203,903 shares of the company’s stock valued at $14,785,000 after acquiring an additional 31,955 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the fourth quarter valued at approximately $34,000.

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.