Independent Advisor Alliance Makes New $8.88 Million Investment in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)

Independent Advisor Alliance acquired a new position in shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) in the 4th quarter, HoldingsChannel reports. The firm acquired 122,391 shares of the company’s stock, valued at approximately $8,875,000.

Other large investors also recently bought and sold shares of the company. Edge Financial Advisors LLC increased its stake in SPDR MSCI EAFE StrategicFactors ETF by 0.5% during the 4th quarter. Edge Financial Advisors LLC now owns 32,084 shares of the company’s stock worth $2,326,000 after buying an additional 173 shares in the last quarter. HighTower Advisors LLC increased its stake in SPDR MSCI EAFE StrategicFactors ETF by 0.4% during the 3rd quarter. HighTower Advisors LLC now owns 42,195 shares of the company’s stock worth $3,396,000 after buying an additional 188 shares in the last quarter. Sowell Financial Services LLC increased its stake in SPDR MSCI EAFE StrategicFactors ETF by 22.1% during the 4th quarter. Sowell Financial Services LLC now owns 109,166 shares of the company’s stock worth $7,916,000 after buying an additional 19,780 shares in the last quarter. CX Institutional increased its stake in SPDR MSCI EAFE StrategicFactors ETF by 18.6% during the 4th quarter. CX Institutional now owns 203,903 shares of the company’s stock worth $14,785,000 after buying an additional 31,955 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in SPDR MSCI EAFE StrategicFactors ETF during the 4th quarter worth approximately $34,000.

SPDR MSCI EAFE StrategicFactors ETF Trading Down 2.0 %

NYSEARCA:QEFA opened at $79.74 on Tuesday. SPDR MSCI EAFE StrategicFactors ETF has a 12 month low of $71.42 and a 12 month high of $81.49. The stock has a 50 day moving average of $76.00 and a two-hundred day moving average of $76.81. The firm has a market cap of $881.13 million, a P/E ratio of 17.01 and a beta of 0.79.

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.