SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Large Volume Increase – Here’s What Happened

Shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) saw strong trading volume on Thursday . 145,857 shares were traded during trading, an increase of 260% from the previous session’s volume of 40,530 shares.The stock last traded at $77.07 and had previously closed at $76.53.

SPDR MSCI EAFE StrategicFactors ETF Trading Up 0.7 %

The firm’s 50 day simple moving average is $77.21 and its 200 day simple moving average is $77.06. The firm has a market cap of $978.79 million, a PE ratio of 15.32 and a beta of 0.76.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several large investors have recently modified their holdings of the stock. Park Avenue Securities LLC raised its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 23.1% in the second quarter. Park Avenue Securities LLC now owns 10,503 shares of the company’s stock worth $785,000 after buying an additional 1,970 shares during the period. Simplicity Wealth LLC bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the second quarter worth about $210,000. Western Wealth Management LLC increased its stake in SPDR MSCI EAFE StrategicFactors ETF by 3.5% in the 2nd quarter. Western Wealth Management LLC now owns 21,347 shares of the company’s stock worth $1,596,000 after buying an additional 714 shares during the period. Orgel Wealth Management LLC lifted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 10.1% during the 2nd quarter. Orgel Wealth Management LLC now owns 4,310 shares of the company’s stock valued at $322,000 after buying an additional 395 shares in the last quarter. Finally, 1620 Investment Advisors Inc. boosted its position in SPDR MSCI EAFE StrategicFactors ETF by 2.1% in the 2nd quarter. 1620 Investment Advisors Inc. now owns 42,473 shares of the company’s stock valued at $3,174,000 after buying an additional 883 shares during the period.

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.