SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) Sees Large Increase in Short Interest

SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) was the target of a large growth in short interest in 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. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 17,475 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On SPDR MSCI EAFE StrategicFactors ETF

A number of institutional investors and hedge funds have recently made changes to their positions in QEFA. AQR Capital Management LLC purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the first quarter worth about $218,000. JPMorgan Chase & Co. raised its stake in SPDR MSCI EAFE StrategicFactors ETF by 217.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 913 shares of the company’s stock valued at $78,000 after acquiring an additional 625 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR MSCI EAFE StrategicFactors ETF during the 2nd quarter valued at approximately $119,000. Captrust Financial Advisors lifted its position in SPDR MSCI EAFE StrategicFactors ETF by 0.6% during the 2nd quarter. Captrust Financial Advisors now owns 101,287 shares of the company’s stock worth $8,644,000 after acquiring an additional 570 shares during the period. Finally, Equitable Holdings Inc. lifted its position in SPDR MSCI EAFE StrategicFactors ETF by 12.6% during the 2nd quarter. Equitable Holdings Inc. now owns 130,744 shares of the company’s stock worth $11,158,000 after acquiring an additional 14,651 shares during the period.

SPDR MSCI EAFE StrategicFactors ETF Trading Down 0.1%

QEFA stock traded down $0.06 on Friday, hitting $101.40. The company’s stock had a trading volume of 26,585 shares, compared to its average volume of 35,637. The firm has a 50 day moving average of $98.64 and a two-hundred day 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 stock has a market cap of $1.08 billion, a price-to-earnings ratio of 15.98 and a beta of 0.68.

SPDR MSCI EAFE StrategicFactors ETF Company 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.