SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Unusually-High Trading Volume – Here’s Why

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) shares saw unusually-high trading volume on Tuesday. 66,691 shares changed hands during trading, an increase of 82% from the average daily volume of 36,601 shares. The stock last traded at $99.9950 and had previously closed at $99.79.

SPDR MSCI EAFE StrategicFactors ETF Stock Up 0.3%

The company has a market cap of $1.04 billion, a P/E ratio of 15.98 and a beta of 0.68. The business has a 50-day moving average price of $99.57 and a two-hundred day moving average price of $97.20.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in QEFA. Intelligence Driven Advisers LLC acquired a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF during the third quarter worth about $61,110,000. SimpliFi Inc. acquired a new position in SPDR MSCI EAFE StrategicFactors ETF in the 3rd quarter worth $23,938,000. CX Institutional acquired a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF in the 3rd quarter valued at about $23,693,000. KWB Wealth bought a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF in the third quarter valued at about $14,285,000. Finally, ARQ Wealth Advisors LLC bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the 3rd quarter worth approximately $14,157,000.

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.