DWM Financial Group Inc. Makes New Investment in SPDR MSCI EAFE StrategicFactors ETF $QEFA

DWM Financial Group Inc. purchased a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,475 shares of the company’s stock, valued at approximately $1,217,000. SPDR MSCI EAFE StrategicFactors ETF makes up approximately 1.0% of DWM Financial Group Inc.’s portfolio, making the stock its 18th largest position. DWM Financial Group Inc. owned 0.12% of SPDR MSCI EAFE StrategicFactors ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Convergence Financial LLC purchased a new position in SPDR MSCI EAFE StrategicFactors ETF in the third quarter valued at about $988,000. Bank of America Corp DE increased its position in SPDR MSCI EAFE StrategicFactors ETF by 4.5% in the 1st quarter. Bank of America Corp DE now owns 206,196 shares of the company’s stock worth $19,232,000 after purchasing an additional 8,796 shares during the last quarter. CX Institutional acquired a new position in SPDR MSCI EAFE StrategicFactors ETF in the 3rd quarter worth about $23,693,000. Farther Finance Advisors LLC purchased a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF during the 3rd quarter worth about $1,391,000. Finally, Tenet Wealth Partners LLC purchased a new stake in shares of SPDR MSCI EAFE StrategicFactors ETF during the 3rd quarter worth about $841,000.

SPDR MSCI EAFE StrategicFactors ETF Stock Performance

Shares of NYSEARCA QEFA opened at $100.19 on Friday. The business has a 50 day simple moving average of $99.53 and a 200 day simple moving average of $97.27. SPDR MSCI EAFE StrategicFactors ETF has a 52 week low of $86.44 and a 52 week high of $102.40. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 15.98 and a beta of 0.68.

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. QEFA was launched on Jun 4, 2014 and is managed by State Street.