Creative Planning Acquires Shares in SPDR MSCI EAFE StrategicFactors ETF

Creative Planning has taken a new position in the SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA) during the third quarter, as reported by HoldingsChannel. The investment firm acquired 5,473 shares of the ETF's stock, which amounts to approximately $440,000.

In addition to Creative Planning, several other institutional investors have adjusted their holdings in the SPDR MSCI EAFE StrategicFactors ETF. Notably, Eagle Strategies LLC significantly increased its stake in the ETF by an impressive 1,196.1% in the second quarter, bringing its total to 96,264 shares valued at $7,195,000 after adding 88,837 shares in the last quarter.

LPL Financial LLC also raised its position by 2.1% during the same period, owning 817,124 shares worth $61,072,000 after acquiring an additional 16,501 shares. Similarly, NewEdge Advisors LLC increased its holdings by 2.6%, now possessing 67,410 shares valued at $5,038,000 following the purchase of 1,732 more shares.

Private Advisor Group LLC made a 5.4% increase in its share quota, bringing its total to 177,924 shares worth $13,298,000 after acquiring an additional 9,184 shares last quarter. Lastly, Park Avenue Securities LLC raised its position in SPDR MSCI EAFE StrategicFactors ETF by 23.1%, now holding 10,503 shares valued at $785,000 after buying 1,970 additional shares.

SPDR MSCI EAFE StrategicFactors ETF Performance

As of Thursday, SPDR MSCI EAFE StrategicFactors ETF shares opened at $76.15. The ETF has a market capitalization of approximately $967.11 million, with a price-to-earnings (P/E) ratio of 15.32 and a beta of 0.76. The stock's 50-day moving average stands at $78.78, while its 200-day moving average is $77.09. For perspective, the ETF recorded a 52-week low of $66.52 and a 52-week high of $81.49.

Overview of SPDR MSCI EAFE StrategicFactors ETF

The SPDR MSCI EAFE StrategicFactors ETF (QEFA) is an exchange-traded fund that follows the MSCI EAFE Factor Mix A-Series (USD) index. This fund tracks an index composed of securities from developed markets, including Europe, Australia, and the Far East. The index uses an equal-weighting strategy across three subindices: value, minimum volatility, and quality.

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