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

Posted by ABMN Staff on Oct 6th, 2024

Shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA – Get Free Report) saw strong trading volume on Friday . 32,019 shares traded hands during trading, a decline of 25% from the previous session’s volume of 42,968 shares.The stock last traded at $79.25 and had previously closed at $79.12.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

The business’s fifty day moving average is $78.29 and its 200-day moving average is $76.63. The firm has a market cap of $1.01 billion, a P/E ratio of 15.32 and a beta of 0.76.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

Several large investors have recently modified their holdings of QEFA. Seed Wealth Management Inc. acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF in the first quarter valued at $205,000. Simplicity Wealth LLC bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the second quarter worth about $210,000. Valmark Advisers Inc. acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the second quarter worth approximately $248,000. Orgel Wealth Management LLC boosted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 10.1% in the second quarter. Orgel Wealth Management LLC now owns 4,310 shares of the company’s stock valued at $322,000 after acquiring an additional 395 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF during the 1st quarter valued at approximately $358,000.

About SPDR MSCI EAFE StrategicFactors ETF

(Get Free Report)

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.