Financial Enhancement Group LLC Has $30.19 Million Stock Holdings in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)

Financial Enhancement Group LLC cut its position in shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) by 4.0% in the first quarter, HoldingsChannel reports. The firm owned 409,083 shares of the company’s stock after selling 17,264 shares during the period. SPDR MSCI EAFE StrategicFactors ETF comprises about 5.0% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 2nd largest holding. Financial Enhancement Group LLC’s holdings in SPDR MSCI EAFE StrategicFactors ETF were worth $30,186,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. McAdam LLC raised its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 3.7% in the 4th quarter. McAdam LLC now owns 6,085 shares of the company’s stock worth $445,000 after acquiring an additional 217 shares in the last quarter. Element Wealth LLC grew its stake in SPDR MSCI EAFE StrategicFactors ETF by 1.3% during the 4th quarter. Element Wealth LLC now owns 17,618 shares of the company’s stock worth $1,288,000 after buying an additional 233 shares during the last quarter. Assetmark Inc. grew its stake in SPDR MSCI EAFE StrategicFactors ETF by 10.9% during the 4th quarter. Assetmark Inc. now owns 2,737 shares of the company’s stock worth $200,000 after buying an additional 270 shares during the last quarter. PFG Advisors grew its stake in SPDR MSCI EAFE StrategicFactors ETF by 3.5% during the 4th quarter. PFG Advisors now owns 15,264 shares of the company’s stock worth $1,116,000 after buying an additional 513 shares during the last quarter. Finally, 1620 Investment Advisors Inc. grew its stake in SPDR MSCI EAFE StrategicFactors ETF by 1.6% during the 4th quarter. 1620 Investment Advisors Inc. now owns 40,342 shares of the company’s stock worth $2,948,000 after buying an additional 632 shares during the last quarter.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

QEFA stock traded down $0.58 on Wednesday, hitting $74.67. 28,028 shares of the company’s stock were exchanged, compared to its average volume of 51,289. SPDR MSCI EAFE StrategicFactors ETF has a 12-month low of $64.31 and a 12-month high of $78.20. The firm has a 50 day moving average price of $75.76 and a two-hundred day moving average price of $74.37. The stock has a market cap of $948.31 million, a P/E ratio of 15.32 and a beta of 0.76.

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.