1620 Investment Advisors Inc. Decreases Holdings in SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA)

1620 Investment Advisors Inc. lessened its stake in shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) by 12.6% during the fourth quarter, HoldingsChannel.com reports. 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 makes up approximately 2.1% of 1620 Investment Advisors Inc.’s portfolio, making the stock its 5th biggest position. 1620 Investment Advisors Inc.’s holdings in SPDR MSCI EAFE StrategicFactors ETF were worth $2,713,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Great Valley Advisor Group Inc. grew its stake 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 buying an additional 50,340 shares during the last quarter. Financial Enhancement Group LLC grew its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 2.9% during the fourth quarter. Financial Enhancement Group LLC now owns 445,603 shares of the company’s stock worth $32,052,000 after buying an additional 12,491 shares during the last quarter. SimpliFi Inc. grew its stake in shares of SPDR MSCI EAFE StrategicFactors ETF by 1.4% during the fourth quarter. SimpliFi Inc. now owns 263,305 shares of the company’s stock worth $19,092,000 after buying an additional 3,525 shares during the last quarter. CX Institutional lifted 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. Finally, KWB Wealth lifted its holdings in shares of SPDR MSCI EAFE StrategicFactors ETF by 1.7% during the fourth quarter. KWB Wealth now owns 157,091 shares of the company’s stock worth $12,643,000 after purchasing an additional 2,569 shares during the period.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

Shares of NYSEARCA:QEFA opened at $80.87 on Friday. The firm has a market cap of $893.61 million, a PE ratio of 17.01 and a beta of 0.79. The firm’s fifty day moving average is $77.23 and its 200-day moving average is $76.88. SPDR MSCI EAFE StrategicFactors ETF has a 52 week low of $71.42 and a 52 week high of $81.71.

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.