SimpliFi Inc. Makes New $23.94 Million Investment in SPDR MSCI EAFE StrategicFactors ETF $QEFA

SimpliFi Inc. bought a new position in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 245,447 shares of the company’s stock, valued at approximately $23,938,000. SPDR MSCI EAFE StrategicFactors ETF makes up approximately 9.8% of SimpliFi Inc.’s investment portfolio, making the stock its 4th largest holding.

Several other hedge funds have also recently made changes to their positions in the stock. Sound Income Strategies LLC boosted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 219.3% in the 1st quarter. Sound Income Strategies LLC now owns 364 shares of the company’s stock worth $34,000 after buying an additional 250 shares during the last quarter. CoreCap Advisors LLC purchased a new position in SPDR MSCI EAFE StrategicFactors ETF during the third quarter valued at approximately $48,000. Strengthening Families & Communities LLC bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the third quarter worth approximately $70,000. Balance Wealth Partners LLC bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the third quarter worth approximately $122,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF in the third quarter worth $213,000.

SPDR MSCI EAFE StrategicFactors ETF Stock Up 0.6%

Shares of SPDR MSCI EAFE StrategicFactors ETF stock opened at $100.26 on Friday. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 15.98 and a beta of 0.68. The stock’s 50-day simple moving average is $99.55 and its 200-day simple moving average is $97.24. SPDR MSCI EAFE StrategicFactors ETF has a 52 week low of $86.44 and a 52 week high of $102.40.

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.