Intelligence Driven Advisers LLC Purchases 626,581 Shares of SPDR MSCI EAFE StrategicFactors ETF $QEFA

Intelligence Driven Advisers LLC acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 626,581 shares of the company’s stock, valued at approximately $61,110,000. SPDR MSCI EAFE StrategicFactors ETF makes up about 10.6% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 2nd biggest position. Intelligence Driven Advisers LLC owned about 6.08% of SPDR MSCI EAFE StrategicFactors ETF at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised 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 purchasing an additional 8,796 shares during the period. CX Institutional acquired a new position in SPDR MSCI EAFE StrategicFactors ETF during the third quarter worth $23,693,000. Dynamic Advisor Solutions LLC lifted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 11.4% in the second quarter. Dynamic Advisor Solutions LLC now owns 143,056 shares of the company’s stock valued at $13,736,000 after buying an additional 14,601 shares in the last quarter. ARQ Wealth Advisors LLC grew its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 5.0% during the first quarter. ARQ Wealth Advisors LLC now owns 137,271 shares of the company’s stock valued at $12,803,000 after buying an additional 6,529 shares during the last quarter. Finally, Manning & Napier Advisors LLC raised its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 66.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 37,484 shares of the company’s stock worth $3,496,000 after acquiring an additional 14,954 shares during the last quarter.

SPDR MSCI EAFE StrategicFactors ETF Stock Up 0.4%

QEFA stock traded up $0.35 during mid-day trading on Friday, reaching $97.46. 15,819 shares of the company traded hands, compared to its average volume of 36,687. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 15.98 and a beta of 0.68. SPDR MSCI EAFE StrategicFactors ETF has a fifty-two week low of $86.44 and a fifty-two week high of $102.40. The firm’s 50 day moving average price is $100.06 and its 200 day moving average price is $97.59.

SPDR MSCI EAFE StrategicFactors ETF 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.