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

Shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) saw strong trading volume on Wednesday . 112,836 shares were traded during mid-day trading, an increase of 185% from the previous session’s volume of 39,659 shares.The stock last traded at $94.93 and had previously closed at $94.83.

SPDR MSCI EAFE StrategicFactors ETF Stock Down 0.2%

The stock has a market cap of $1.06 billion, a P/E ratio of 15.98 and a beta of 0.68. The business has a 50 day moving average price of $96.65 and a 200 day moving average price of $94.81.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several hedge funds have recently bought and sold shares of the business. LPL Financial LLC lifted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 7.7% during the fourth quarter. LPL Financial LLC now owns 1,264,638 shares of the company’s stock worth $114,665,000 after purchasing an additional 90,149 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 9.4% in the third quarter. Ameriprise Financial Inc. now owns 1,055,283 shares of the company’s stock worth $92,641,000 after purchasing an additional 90,449 shares during the last quarter. Great Valley Advisor Group Inc. grew its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 0.4% in the fourth 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. Private Advisor Group LLC increased its stake in SPDR MSCI EAFE StrategicFactors ETF by 3.0% in the 4th quarter. Private Advisor Group LLC now owns 215,474 shares of the company’s stock worth $19,537,000 after buying an additional 6,352 shares during the period. Finally, Bank of America Corp DE increased its stake 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 worth $19,232,000 after buying an additional 8,796 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. QEFA was launched on Jun 4, 2014 and is managed by State Street.