SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Short Interest Update

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 11,792 shares, a growth of 84.5% from the July 30th total of 6,393 shares. Based on an average daily volume of 17,475 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.1% of the shares of the company are short sold.

SPDR MSCI EAFE StrategicFactors ETF Stock Down 0.1%

Shares of NYSEARCA QEFA traded down $0.06 during mid-day trading on Friday, hitting $101.40. 26,585 shares of the company were exchanged, compared to its average volume of 35,637. The stock has a 50 day simple moving average of $98.64 and a 200-day simple moving average of $97.00. SPDR MSCI EAFE StrategicFactors ETF has a 1-year low of $85.50 and a 1-year high of $102.40. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 15.98 and a beta of 0.68.

Institutional Trading of SPDR MSCI EAFE StrategicFactors ETF

Several hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF in the 1st quarter worth $218,000. JPMorgan Chase & Co. increased its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 217.0% during the second quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock worth $78,000 after acquiring an additional 625 shares during the period. Raymond James Financial Inc. acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the second quarter worth about $119,000. Captrust Financial Advisors raised its holdings in SPDR MSCI EAFE StrategicFactors ETF by 0.6% during the second quarter. Captrust Financial Advisors now owns 101,287 shares of the company’s stock worth $8,644,000 after purchasing an additional 570 shares in the last quarter. Finally, Equitable Holdings Inc. raised its holdings in SPDR MSCI EAFE StrategicFactors ETF by 12.6% during the second quarter. Equitable Holdings Inc. now owns 130,744 shares of the company’s stock worth $11,158,000 after purchasing an additional 14,651 shares in the last quarter.

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.