Creative Planning Acquires Shares in SPDR MSCI EAFE StrategicFactors ETF

Creative Planning has recently made a significant move by purchasing a new stake in the SPDR MSCI EAFE StrategicFactors ETF (NYSEARCA:QEFA). The acquisition took place in the third quarter, with Creative Planning acquiring 5,473 shares of the ETF, which is valued at approximately $440,000.

This investment is not an isolated case; other institutional investors have also adjusted their shareholdings in the SPDR MSCI EAFE StrategicFactors ETF. Notably, Eagle Strategies LLC has dramatically increased its position in the ETF by an impressive 1,196.1% during the second quarter, bringing its total ownership to 96,264 shares worth around $7,195,000 after adding 88,837 shares in the last quarter.

Similarly, LPL Financial LLC reported a modest increase of 2.1% in its positions during the same period, now holding 817,124 shares valued at $61,072,000, following the acquisition of an additional 16,501 shares. NewEdge Advisors LLC also raised its stake by 2.6%, now owning 67,410 shares worth approximately $5,038,000 after adding 1,732 shares.

Private Advisor Group LLC also saw a 5.4% increase in its holdings, bringing its total to 177,924 shares valued at $13,298,000 after an additional purchase of 9,184 shares. Park Avenue Securities LLC made a significant move as well, increasing its stake by 23.1%, bringing its total to 10,503 shares valued at about $785,000 after an increase of 1,970 shares in the last quarter.

Performance of SPDR MSCI EAFE StrategicFactors ETF

On Thursday, shares of the SPDR MSCI EAFE StrategicFactors ETF began trading at $76.15. The ETF currently has a market capitalization of $967.11 million, a price-to-earnings (P/E) ratio of 15.32, and a beta value of 0.76. It has a 50-day moving average price of $78.78 and a 200-day moving average price of $77.09. The ETF encountered a 52-week low of $66.52 and a high of $81.49, highlighting its performance variability over the past year.

Overview of SPDR MSCI EAFE StrategicFactors ETF

The SPDR MSCI EAFE StrategicFactors ETF (QEFA) is designed to track the MSCI EAFE Factor Mix A-Series (USD) index. This exchange-traded fund comprises securities from developed markets across Europe, Australia, and the Far East. The ETF adopts an equal-weighted approach to three subindexes: value, minimum volatility, and quality, providing investors with a strategic method to gain exposure to these markets.

Further Insights

Interested parties can explore additional insights on hedge fund holdings and recent changes to investment positions. Access to the latest 13F filings and information on the SPDR MSCI EAFE StrategicFactors ETF is also available online.

Investment, ETF, Finance