Cornerstone Wealth Management LLC Raises Stock Holdings in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)

Cornerstone Wealth Management LLC boosted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) by 1.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,976 shares of the company’s stock after purchasing an additional 177 shares during the quarter. Cornerstone Wealth Management LLC owned approximately 0.10% of SPDR MSCI EAFE StrategicFactors ETF worth $987,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Assetmark Inc. lifted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 10.9% in the fourth quarter. Assetmark Inc. now owns 2,737 shares of the company’s stock valued at $200,000 after acquiring an additional 270 shares in the last quarter. Linscomb & Williams Inc. purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the fourth quarter valued at approximately $205,000. Seed Wealth Management Inc. purchased a new position in shares of SPDR MSCI EAFE StrategicFactors ETF in the first quarter valued at approximately $205,000. McAdam LLC lifted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 3.7% in the fourth quarter. McAdam LLC now owns 6,085 shares of the company’s stock valued at $445,000 after acquiring an additional 217 shares in the last quarter. Finally, Signal Advisors Wealth LLC lifted its position in shares of SPDR MSCI EAFE StrategicFactors ETF by 11.8% in the first quarter. Signal Advisors Wealth LLC now owns 7,632 shares of the company’s stock valued at $581,000 after acquiring an additional 804 shares in the last quarter.

SPDR MSCI EAFE StrategicFactors ETF Stock Up 1.1 %

Shares of NYSEARCA QEFA traded up $0.84 during midday trading on Thursday, hitting $75.84. The stock had a trading volume of 13,720 shares, compared to its average volume of 50,480. The company has a market capitalization of $963.20 million, a PE ratio of 15.32 and a beta of 0.76. The stock has a 50 day simple moving average of $75.89 and a 200-day simple moving average of $74.49. SPDR MSCI EAFE StrategicFactors ETF has a 1 year low of $64.31 and a 1 year high of $78.20.

About SPDR MSCI EAFE StrategicFactors ETF

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.