NewEdge Advisors LLC Trims Position in SPDR MSCI EAFE StrategicFactors ETF $QEFA

NewEdge Advisors LLC decreased its holdings in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) by 12.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,569 shares of the company’s stock after selling 13,623 shares during the quarter. NewEdge Advisors LLC owned 0.86% of SPDR MSCI EAFE StrategicFactors ETF worth $8,914,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sound Income Strategies LLC boosted its stake in 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 valued at $34,000 after buying an additional 250 shares during the last quarter. JPMorgan Chase & Co. increased its holdings 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 buying an additional 625 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings 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 buying an additional 226 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR MSCI EAFE StrategicFactors ETF in the 2nd quarter worth about $119,000. Finally, Kestra Advisory Services LLC bought a new stake in SPDR MSCI EAFE StrategicFactors ETF in the fourth quarter worth about $164,000.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

Shares of NYSEARCA:QEFA opened at $100.24 on Friday. The firm has a market capitalization of $1.07 billion, a PE ratio of 15.98 and a beta of 0.68. The business has a 50 day simple moving average of $96.65 and a two-hundred day simple moving average of $96.03. SPDR MSCI EAFE StrategicFactors ETF has a 1 year low of $82.58 and a 1 year high of $100.34.

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.