SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA – Get Free Report) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 23,151 shares, a decline of 22.0% from the February 26th total of 29,672 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 38,377 shares, the short-interest ratio is currently 0.6 days.
Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF
A number of hedge funds have recently added to or reduced their stakes in QEFA. CX Institutional grew its holdings in SPDR MSCI EAFE StrategicFactors ETF by 43.6% in the 3rd quarter. CX Institutional now owns 201,108 shares of the company’s stock valued at $17,679,000 after buying an additional 61,066 shares during the period. Encompass More Asset Management purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the 3rd quarter worth about $1,220,000. Osaic Holdings Inc. lifted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 22.2% during the 2nd quarter. Osaic Holdings Inc. now owns 34,717 shares of the company’s stock worth $2,968,000 after acquiring an additional 6,313 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF in the second quarter worth approximately $1,001,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF in the second quarter worth approximately $4,041,000.
SPDR MSCI EAFE StrategicFactors ETF Stock Down 0.6%
QEFA stock opened at $90.48 on Friday. The stock has a market capitalization of $990.76 million, a price-to-earnings ratio of 15.98 and a beta of 0.76. SPDR MSCI EAFE StrategicFactors ETF has a 52-week low of $70.97 and a 52-week high of $100.17. The stock’s fifty day simple moving average is $95.45 and its 200-day simple moving average is $91.41.
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.
Further Reading
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