Shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA – Get Free Report) saw an uptick in trading volume on Friday. Approximately 450,273 shares changed hands during mid-day trading, an increase of 1,138% from the average daily volume of 36,359 shares. The stock last traded at $99.0250 and had previously closed at $100.44.
SPDR MSCI EAFE StrategicFactors ETF Stock Down 1.4%
The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 15.98 and a beta of 0.69. The company’s 50-day moving average is $99.43 and its 200-day moving average is $97.42.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of QEFA. Intelligence Driven Advisers LLC bought a new stake in SPDR MSCI EAFE StrategicFactors ETF in the third quarter valued at approximately $61,110,000. SimpliFi Inc. acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the third quarter worth about $23,938,000. CX Institutional acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the third quarter worth about $23,693,000. Bank of America Corp DE boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 4.5% during the first 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. Finally, Arrien Investments Inc. bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the third quarter worth about $15,476,000.
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.
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