SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Stock Price Down 1.4% – Should You Sell?

Shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) dropped 1.4% on Wednesday. The stock traded as low as $98.17 and last traded at $98.52. 42,962 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 36,063 shares. The stock had previously closed at $99.87.

SPDR MSCI EAFE StrategicFactors ETF Trading Up 0.7%

The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 15.98 and a beta of 0.68. The firm has a fifty day simple moving average of $100.06 and a 200-day simple moving average of $97.28.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several hedge funds have recently added to or reduced their stakes in the company. Great Valley Advisor Group Inc. raised its holdings in SPDR MSCI EAFE StrategicFactors ETF by 0.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 264,176 shares of the company’s stock worth $23,952,000 after purchasing an additional 1,008 shares during the last quarter. Bank of America Corp DE grew its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 4.5% during the 1st 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 during the period. Financial Guidance Group Inc. grew its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 2.6% during the 1st 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. Aptus Capital Advisors LLC raised its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 3.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 144,403 shares of the company’s stock worth $13,093,000 after buying an additional 4,488 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 11.4% during the second quarter. Dynamic Advisor Solutions LLC now owns 143,056 shares of the company’s stock worth $13,736,000 after buying an additional 14,601 shares during 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.