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 Thursday . 145,857 shares were traded during mid-day trading, an increase of 260% from the previous session’s volume of 40,530 shares.The stock last traded at $77.07 and had previously closed at $76.53.

SPDR MSCI EAFE StrategicFactors ETF Stock Down 0.3 %

The stock has a market cap of $976.95 million, a price-to-earnings ratio of 15.32 and a beta of 0.76. The company’s 50-day moving average is $77.05 and its 200-day moving average is $77.05.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several hedge funds have recently made changes to their positions in the business. Park Avenue Securities LLC lifted its stake in SPDR MSCI EAFE StrategicFactors ETF by 23.1% in the 2nd quarter. Park Avenue Securities LLC now owns 10,503 shares of the company’s stock valued at $785,000 after purchasing an additional 1,970 shares during the last quarter. Simplicity Wealth LLC acquired a new position in SPDR MSCI EAFE StrategicFactors ETF in the 2nd quarter valued at about $210,000. Western Wealth Management LLC raised its holdings in SPDR MSCI EAFE StrategicFactors ETF by 3.5% in the 2nd quarter. Western Wealth Management LLC now owns 21,347 shares of the company’s stock valued at $1,596,000 after acquiring an additional 714 shares during the period. Orgel Wealth Management LLC lifted its position in SPDR MSCI EAFE StrategicFactors ETF by 10.1% during the second quarter. Orgel Wealth Management LLC now owns 4,310 shares of the company’s stock worth $322,000 after acquiring an additional 395 shares during the last quarter. Finally, 1620 Investment Advisors Inc. boosted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 2.1% during the second quarter. 1620 Investment Advisors Inc. now owns 42,473 shares of the company’s stock worth $3,174,000 after acquiring an additional 883 shares during the period.

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.