SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Short Interest Update

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 67,401 shares, a growth of 290.3% from the April 30th total of 17,267 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 44,651 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

A number of large investors have recently made changes to their positions in the company. January Capital Advisors LLC bought a new position in SPDR MSCI EAFE StrategicFactors ETF during the first quarter worth about $443,000. Western Wealth Management LLC boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 3.9% in the 1st quarter. Western Wealth Management LLC now owns 31,740 shares of the company’s stock valued at $2,960,000 after purchasing an additional 1,178 shares during the period. Bank of America Corp DE boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 4.5% in the 1st quarter. Bank of America Corp DE now owns 206,196 shares of the company’s stock valued at $19,232,000 after purchasing an additional 8,796 shares during the period. Empowered Funds LLC grew its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 43.4% during the 1st quarter. Empowered Funds LLC now owns 19,868 shares of the company’s stock worth $1,853,000 after purchasing an additional 6,015 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 2.1% during the 1st quarter. Cetera Investment Advisers now owns 9,860 shares of the company’s stock worth $920,000 after purchasing an additional 203 shares in the last quarter.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

QEFA traded up $0.08 during trading on Friday, reaching $97.93. 7,793 shares of the stock were exchanged, compared to its average volume of 36,181. The stock’s 50 day moving average price is $95.74 and its two-hundred day moving average price is $93.90. SPDR MSCI EAFE StrategicFactors ETF has a twelve month low of $82.33 and a twelve month high of $100.17. The stock has a market cap of $1.09 billion, a P/E ratio of 15.98 and a beta of 0.69.

About SPDR MSCI EAFE StrategicFactors ETF

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.