1620 Investment Advisors Inc. Has $2.71 Million Stock Position in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)

1620 Investment Advisors Inc. lessened its position in shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) by 12.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,416 shares of the company’s stock after selling 5,380 shares during the period. SPDR MSCI EAFE StrategicFactors ETF comprises 2.1% of 1620 Investment Advisors Inc.’s holdings, making the stock its 5th largest position. 1620 Investment Advisors Inc. owned approximately 0.29% of SPDR MSCI EAFE StrategicFactors ETF worth $2,713,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Arrien Investments Inc. acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF in the 4th quarter valued at about $9,885,000. Independent Advisor Alliance acquired a new stake in SPDR MSCI EAFE StrategicFactors ETF during the fourth quarter worth approximately $8,875,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 102.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 133,460 shares of the company’s stock worth $10,741,000 after purchasing an additional 67,648 shares during the period. Great Valley Advisor Group Inc. increased its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 10.6% during the third quarter. Great Valley Advisor Group Inc. now owns 524,609 shares of the company’s stock worth $42,222,000 after purchasing an additional 50,340 shares during the period. Finally, CX Institutional increased its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 18.6% during the fourth quarter. CX Institutional now owns 203,903 shares of the company’s stock worth $14,785,000 after purchasing an additional 31,955 shares during the period.

SPDR MSCI EAFE StrategicFactors ETF Trading Down 0.7 %

Shares of QEFA opened at $80.87 on Friday. SPDR MSCI EAFE StrategicFactors ETF has a 12 month low of $71.42 and a 12 month high of $81.71. The firm’s 50 day moving average is $77.23 and its 200-day moving average is $76.88. The stock has a market capitalization of $893.61 million, a PE ratio of 17.01 and a beta of 0.79.

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.