SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 9,666 shares, an increase of 134.3% from the June 30th total of 4,125 shares. Based on an average daily volume of 19,524 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short.
SPDR MSCI EAFE StrategicFactors ETF Trading Up 1.0%
QEFA traded up $1.01 during midday trading on Tuesday, reaching $98.06. The company’s stock had a trading volume of 1,970 shares, compared to its average volume of 38,274. The company has a fifty day simple moving average of $96.55 and a 200 day simple moving average of $95.89. The stock has a market cap of $1.05 billion, a P/E ratio of 15.98 and a beta of 0.68. SPDR MSCI EAFE StrategicFactors ETF has a twelve month low of $82.58 and a twelve month high of $100.17.
Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC increased its position 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 worth $34,000 after acquiring an additional 250 shares during the period. JPMorgan Chase & Co. boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 217.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock valued at $78,000 after purchasing an additional 625 shares during the period. CIBC Private Wealth Group LLC grew its position in SPDR MSCI EAFE StrategicFactors ETF by 22.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,217 shares of the company’s stock worth $110,000 after purchasing an additional 226 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF in the 2nd quarter worth $119,000. Finally, Kestra Advisory Services LLC bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the 4th quarter worth about $164,000.
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.
Featured Stories
- Five stocks we like better than SPDR MSCI EAFE StrategicFactors ETF
- 3 Stocks Standing Out and 2 Losing Momentum as the Tech Rally Cracks
- 5 AI Stocks Are Pulling Back—Which Growth Catalysts Still Look Strongest?
- Middleby Is Betting a Leaner Business Can Unlock More Value
- 3 Value ETFs to Consider as Growth Stocks Lag Behind
Receive News & Ratings for SPDR MSCI EAFE StrategicFactors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR MSCI EAFE StrategicFactors ETF and related companies with MarketBeat.com's FREE daily email newsletter.
