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

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) shares saw strong trading volume on Thursday . 162,939 shares changed hands during mid-day trading, an increase of 549% from the previous session’s volume of 25,105 shares.The stock last traded at $92.0650 and had previously closed at $91.96.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

The company has a 50-day moving average of $89.60 and a two-hundred day moving average of $87.67. The stock has a market capitalization of $994.67 million, a PE ratio of 15.98 and a beta of 0.76.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several large investors have recently modified their holdings of the stock. AQR Capital Management LLC acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF during the 1st quarter worth about $218,000. Jane Street Group LLC boosted its stake in SPDR MSCI EAFE StrategicFactors ETF by 812.3% in the 1st quarter. Jane Street Group LLC now owns 437,793 shares of the company’s stock worth $34,566,000 after purchasing an additional 389,806 shares during the period. 21 West Wealth Management LLC acquired a new position in SPDR MSCI EAFE StrategicFactors ETF in the 2nd quarter worth approximately $2,252,000. Dynamic Advisor Solutions LLC grew its position in SPDR MSCI EAFE StrategicFactors ETF by 0.6% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 123,288 shares of the company’s stock worth $10,521,000 after purchasing an additional 697 shares in the last quarter. Finally, Intelligence Driven Advisers LLC raised its stake in SPDR MSCI EAFE StrategicFactors ETF by 9.2% during the 2nd quarter. Intelligence Driven Advisers LLC now owns 734,636 shares of the company’s stock valued at $62,694,000 after purchasing an additional 61,778 shares during the period.

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. QEFA was launched on Jun 4, 2014 and is managed by State Street.