SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Large Decline in Short Interest

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 9,188 shares, a decline of 48.5% from the August 31st total of 17,829 shares. Based on an average trading volume of 49,645 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers lifted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 2.1% in the 1st quarter. Cetera Investment Advisers now owns 9,860 shares of the company’s stock worth $920,000 after purchasing an additional 203 shares during the period. Sound Income Strategies LLC increased its holdings in SPDR MSCI EAFE StrategicFactors ETF by 219.3% during the first quarter. Sound Income Strategies LLC now owns 364 shares of the company’s stock valued at $34,000 after buying an additional 250 shares during the last quarter. Flagship Private Wealth LLC increased its holdings in SPDR MSCI EAFE StrategicFactors ETF by 17.1% during the first quarter. Flagship Private Wealth LLC now owns 4,102 shares of the company’s stock valued at $383,000 after buying an additional 600 shares during the last quarter. Warren Street Wealth Advisors LLC raised its position in SPDR MSCI EAFE StrategicFactors ETF by 3.8% in the first quarter. Warren Street Wealth Advisors LLC now owns 21,700 shares of the company’s stock worth $2,024,000 after acquiring an additional 786 shares during the period. Finally, Great Valley Advisor Group Inc. raised its position in 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 acquiring an additional 1,008 shares during the period.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

SPDR MSCI EAFE StrategicFactors ETF stock traded down $0.49 during mid-day trading on Wednesday, reaching $97.53. 42,108 shares of the stock traded hands, compared to its average volume of 35,674. SPDR MSCI EAFE StrategicFactors ETF has a 12-month low of $86.44 and a 12-month high of $102.40. The business’s 50-day moving average is $100.16 and its 200-day moving average is $97.36. The stock has a market capitalization of $1.00 billion, a PE ratio of 15.98 and a beta of 0.68.

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.