SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Large Volume Increase – What’s Next?

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) shares saw unusually-high trading volume on Wednesday . Approximately 47,514 shares traded hands during mid-day trading, an increase of 34% from the previous session’s volume of 35,463 shares.The stock last traded at $100.82 and had previously closed at $100.51.

SPDR MSCI EAFE StrategicFactors ETF Trading Up 0.3%

The firm has a 50 day moving average price of $98.86 and a 200-day moving average price of $97.02. The firm has a market cap of $1.07 billion, a PE ratio of 15.98 and a beta of 0.68.

Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF

Several hedge funds have recently added to or reduced their stakes in QEFA. Dynamic Advisor Solutions LLC grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 11.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 143,056 shares of the company’s stock worth $13,736,000 after acquiring an additional 14,601 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 4.4% in the 1st quarter. NewEdge Advisors LLC now owns 114,049 shares of the company’s stock valued at $10,637,000 after purchasing an additional 4,857 shares in the last quarter. January Capital Advisors LLC purchased a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF during the 1st quarter worth $443,000. Western Wealth Management LLC lifted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 3.9% during the 1st quarter. Western Wealth Management LLC now owns 31,740 shares of the company’s stock worth $2,960,000 after purchasing an additional 1,178 shares during the last quarter. Finally, Bank of America Corp DE grew its stake 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 purchasing an additional 8,796 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.