SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Strong Trading Volume – Should You Buy?

Shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) saw strong trading volume on Tuesday . 39,288 shares changed hands during trading, a decline of 4% from the previous session’s volume of 40,977 shares.The stock last traded at $72.74 and had previously closed at $72.70.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

The company has a market cap of $925.20 million, a PE ratio of 15.32 and a beta of 0.76. The stock’s 50 day moving average price is $76.02 and its 200-day moving average price is $76.89.

Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF

A number of institutional investors have recently modified their holdings of the company. Intelligence Driven Advisers LLC raised its holdings in SPDR MSCI EAFE StrategicFactors ETF by 1.8% in the second quarter. Intelligence Driven Advisers LLC now owns 909,203 shares of the company’s stock worth $67,954,000 after purchasing an additional 15,769 shares in the last quarter. LPL Financial LLC boosted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 2.1% in the 2nd quarter. LPL Financial LLC now owns 817,124 shares of the company’s stock worth $61,072,000 after purchasing an additional 16,501 shares in the last quarter. Great Valley Advisor Group Inc. grew its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 10.6% in the third quarter. Great Valley Advisor Group Inc. now owns 524,609 shares of the company’s stock worth $42,222,000 after acquiring an additional 50,340 shares during the last quarter. Financial Enhancement Group LLC raised its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 9.2% in the 2nd quarter. Financial Enhancement Group LLC now owns 446,893 shares of the company’s stock worth $33,848,000 after purchasing an additional 37,810 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in SPDR MSCI EAFE StrategicFactors ETF by 21.8% during the 3rd quarter. Private Advisor Group LLC now owns 216,669 shares of the company’s stock valued at $17,438,000 after purchasing an additional 38,745 shares in the last quarter.

SPDR MSCI EAFE StrategicFactors ETF Company Profile

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.