Intelligence Driven Advisers LLC Cuts Holdings in SPDR MSCI EAFE StrategicFactors ETF $QEFA

Intelligence Driven Advisers LLC reduced its stake in shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) by 15.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 612,979 shares of the company’s stock after selling 111,422 shares during the quarter. SPDR MSCI EAFE StrategicFactors ETF makes up about 10.0% of Intelligence Driven Advisers LLC’s holdings, making the stock its 2nd biggest holding. Intelligence Driven Advisers LLC owned about 5.50% of SPDR MSCI EAFE StrategicFactors ETF worth $57,173,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in SPDR MSCI EAFE StrategicFactors ETF by 2.1% during the first quarter. Cetera Investment Advisers now owns 9,860 shares of the company’s stock valued at $920,000 after buying an additional 203 shares during the period. ARQ Wealth Advisors LLC grew its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 5.0% in the 1st quarter. ARQ Wealth Advisors LLC now owns 137,271 shares of the company’s stock worth $12,803,000 after buying an additional 6,529 shares during the period. Diversify Wealth Management LLC purchased a new stake in SPDR MSCI EAFE StrategicFactors ETF in the first quarter worth about $425,000. Manning & Napier Advisors LLC increased its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 66.4% during the first quarter. Manning & Napier Advisors LLC now owns 37,484 shares of the company’s stock valued at $3,496,000 after purchasing an additional 14,954 shares in the last quarter. Finally, IRON Financial LLC bought a new position in shares of SPDR MSCI EAFE StrategicFactors ETF during the first quarter valued at approximately $220,000.

SPDR MSCI EAFE StrategicFactors ETF Price Performance

Shares of QEFA opened at $97.05 on Monday. The stock has a market cap of $1.04 billion, a P/E ratio of 15.98 and a beta of 0.68. The business’s 50 day moving average price is $96.53 and its 200-day moving average price is $95.85. SPDR MSCI EAFE StrategicFactors ETF has a 52 week low of $82.58 and a 52 week high of $100.17.

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.