SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Strong Trading Volume – Here’s Why

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) shares saw an uptick in trading volume on Wednesday. 282,672 shares changed hands during mid-day trading, an increase of 693% from the previous session’s volume of 35,651 shares. The stock last traded at $96.95 and had previously closed at $97.59.

SPDR MSCI EAFE StrategicFactors ETF Trading Down 0.7%

The company has a market cap of $998.50 million, a price-to-earnings ratio of 15.98 and a beta of 0.68. The company’s 50 day moving average price is $100.15 and its 200 day moving average price is $97.51.

Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF

Hedge funds have recently modified their holdings of the business. Great Valley Advisor Group Inc. grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 0.4% during the fourth quarter. Great Valley Advisor Group Inc. now owns 264,176 shares of the company’s stock worth $23,952,000 after acquiring an additional 1,008 shares during the period. CX Institutional purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the 3rd quarter valued at about $23,693,000. Bank of America Corp DE boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 4.5% during the first quarter. Bank of America Corp DE now owns 206,196 shares of the company’s stock worth $19,232,000 after buying an additional 8,796 shares in the last quarter. Financial Guidance Group Inc. grew its position in SPDR MSCI EAFE StrategicFactors ETF by 2.6% during the first quarter. Financial Guidance Group Inc. now owns 148,153 shares of the company’s stock worth $13,818,000 after buying an additional 3,761 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its holdings in SPDR MSCI EAFE StrategicFactors ETF by 11.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 143,056 shares of the company’s stock valued at $13,736,000 after buying an additional 14,601 shares in the last quarter.

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. QEFA was launched on Jun 4, 2014 and is managed by State Street.