SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA – Get Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 13,564 shares, a drop of 79.9% from the May 14th total of 67,401 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 75,341 shares, the days-to-cover ratio is presently 0.2 days.
SPDR MSCI EAFE StrategicFactors ETF Stock Performance
Shares of QEFA traded down $0.72 on Wednesday, reaching $94.35. The stock had a trading volume of 20,461 shares, compared to its average volume of 41,006. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 15.98 and a beta of 0.68. The company has a 50-day simple moving average of $96.39 and a 200-day simple moving average of $94.26. SPDR MSCI EAFE StrategicFactors ETF has a 12-month low of $82.33 and a 12-month high of $100.17.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in QEFA. Ameriprise Financial Inc. lifted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 9.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,055,283 shares of the company’s stock valued at $92,641,000 after purchasing an additional 90,449 shares during the period. LPL Financial LLC increased its position 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. Palladiem LLC bought a new position in SPDR MSCI EAFE StrategicFactors ETF during the 4th quarter valued at approximately $6,631,000. Flow Traders U.S. LLC increased its position in SPDR MSCI EAFE StrategicFactors ETF by 135.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 111,571 shares of the company’s stock valued at $9,808,000 after buying an additional 64,220 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC bought a new position in SPDR MSCI EAFE StrategicFactors ETF during the 3rd quarter valued at approximately $5,640,000.
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.
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