Short Interest in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Decreases By 18.1%

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 11,321 shares, a drop of 18.1% from the March 31st total of 13,818 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 50,731 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On SPDR MSCI EAFE StrategicFactors ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in QEFA. AQR Capital Management LLC acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF during the 1st quarter valued at approximately $218,000. JPMorgan Chase & Co. lifted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 217.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock worth $78,000 after purchasing an additional 625 shares during the period. Raymond James Financial Inc. bought a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF in the 2nd quarter valued at $119,000. Captrust Financial Advisors boosted its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 0.6% in the 2nd quarter. Captrust Financial Advisors now owns 101,287 shares of the company’s stock valued at $8,644,000 after purchasing an additional 570 shares during the last quarter. Finally, Equitable Holdings Inc. increased its position in shares of 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 buying an additional 14,651 shares during the period.

SPDR MSCI EAFE StrategicFactors ETF Stock Down 0.3%

QEFA traded down $0.29 during midday trading on Friday, hitting $96.42. 34,486 shares of the company were exchanged, compared to its average volume of 37,189. The firm’s 50 day moving average price is $95.30 and its 200-day moving average price is $92.71. SPDR MSCI EAFE StrategicFactors ETF has a 1-year low of $82.27 and a 1-year high of $100.17. The firm has a market capitalization of $1.08 billion, a P/E ratio of 15.98 and a beta of 0.69.

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.