Cwm LLC Reduces Stake in SPDR MSCI EAFE StrategicFactors ETF
Cwm LLC has recently reduced its ownership in the SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) by 7.9% during the third quarter. Reports indicate that the institutional investor now holds 4,112 shares of the ETF's stock after selling 354 shares in this time period. At the end of the recent reporting period, Cwm LLC's holdings in the ETF were valued at approximately $331,000.
Additionally, other institutional investors have also adjusted their holdings in QEFA recently. For example, Seed Wealth Management Inc. established a new position in the SPDR MSCI EAFE StrategicFactors ETF in the first quarter, valued at around $205,000. Simplicity Wealth LLC also acquired a new stake during the second quarter, worth $210,000. Furthermore, Williams & Novak LLC initiated a new position in the third quarter, valued at $225,000, while Valmark Advisers Inc. added a new stake in the second quarter worth about $248,000. Lastly, Orgel Wealth Management LLC increased its position by 10.1% during the second quarter, bringing its total shares to 4,310, valued at $322,000 after purchasing an additional 395 shares.
SPDR MSCI EAFE StrategicFactors ETF Performance
The stock of SPDR MSCI EAFE StrategicFactors ETF opened at $78.17 on Tuesday. The ETF has recorded a 12-month low of $64.31 and a 12-month high of $81.49. Currently, the fund boasts a market capitalization of $992.76 million and a price-to-earnings ratio of 15.32. It has a beta of 0.76 and its simple moving averages are 50 days at $79.13 and 200 days at $76.87.
About SPDR MSCI EAFE StrategicFactors ETF
The SPDR MSCI EAFE StrategicFactors ETF is an exchange-traded fund that tracks the MSCI EAFE Factor Mix A-Series (USD) index. This fund focuses on securities from developed markets in Europe, Australia, and the Far East, with the index equally weighting three subindexes: value, minimum volatility, and quality.
Cwm, Investment, ETF