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 Friday . 44,155 shares were traded during mid-day trading, an increase of 22% from the previous session’s volume of 36,292 shares.The stock last traded at $90.58 and had previously closed at $91.00.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

The firm’s fifty day simple moving average is $95.45 and its 200 day simple moving average is $91.41. The firm has a market cap of $990.76 million, a P/E ratio of 15.98 and a beta of 0.76.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Hedge funds have recently made changes to their positions in the company. LPL Financial LLC grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 7.7% during the 4th quarter. LPL Financial LLC now owns 1,264,638 shares of the company’s stock valued at $114,665,000 after buying an additional 90,149 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 9.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,055,283 shares of the company’s stock worth $92,641,000 after acquiring an additional 90,449 shares in the last quarter. Intelligence Driven Advisers LLC boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 3.0% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 756,635 shares of the company’s stock valued at $66,516,000 after acquiring an additional 21,999 shares during the last quarter. Great Valley Advisor Group Inc. boosted its position in shares of 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 valued at $23,952,000 after acquiring an additional 1,008 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 3.0% in the fourth quarter. Private Advisor Group LLC now owns 215,474 shares of the company’s stock valued at $19,537,000 after purchasing an additional 6,352 shares in the last quarter.

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.