Financial Enhancement Group LLC Makes New $12.80 Million Investment in SPDR MSCI EAFE StrategicFactors ETF $QEFA

Financial Enhancement Group LLC purchased a new stake in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 131,957 shares of the company’s stock, valued at approximately $12,799,000. SPDR MSCI EAFE StrategicFactors ETF makes up 1.5% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 25th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC lifted its holdings in SPDR MSCI EAFE StrategicFactors ETF by 219.3% during the 1st quarter. Sound Income Strategies LLC now owns 364 shares of the company’s stock worth $34,000 after purchasing an additional 250 shares in the last quarter. CoreCap Advisors LLC purchased a new position in SPDR MSCI EAFE StrategicFactors ETF during the 3rd quarter valued at about $48,000. IRON Financial LLC purchased a new position in SPDR MSCI EAFE StrategicFactors ETF during the 1st quarter valued at about $220,000. Flagship Private Wealth LLC increased its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 17.1% during the first quarter. Flagship Private Wealth LLC now owns 4,102 shares of the company’s stock valued at $383,000 after buying an additional 600 shares during the period. Finally, MRA Advisory Group bought a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF during the third quarter valued at about $395,000.

SPDR MSCI EAFE StrategicFactors ETF Trading Up 0.1%

Shares of QEFA stock traded up $0.12 during trading hours on Thursday, reaching $97.11. The stock had a trading volume of 18,373 shares, compared to its average volume of 36,825. The stock’s fifty day simple moving average is $100.12 and its 200 day simple moving average is $97.54. SPDR MSCI EAFE StrategicFactors ETF has a 12 month low of $86.44 and a 12 month high of $102.40. The firm has a market capitalization of $1.00 billion, a PE ratio of 15.98 and a beta of 0.68.

SPDR MSCI EAFE StrategicFactors ETF 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.