SPDR MSCI USA StrategicFactors ETF $QUS Stake Reduced by Private Advisor Group LLC

Private Advisor Group LLC cut its holdings in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 7.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 268,245 shares of the company’s stock after selling 22,181 shares during the period. Private Advisor Group LLC owned approximately 3.30% of SPDR MSCI USA StrategicFactors ETF worth $46,042,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Empowered Funds LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF in the 1st quarter worth approximately $275,000. NewEdge Advisors LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 7.1% in the second quarter. NewEdge Advisors LLC now owns 36,337 shares of the company’s stock valued at $5,926,000 after purchasing an additional 2,405 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 31.9% in the second quarter. Raymond James Financial Inc. now owns 140,287 shares of the company’s stock valued at $22,879,000 after purchasing an additional 33,967 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 6.9% in the second quarter. Ameriprise Financial Inc. now owns 180,293 shares of the company’s stock worth $29,401,000 after buying an additional 11,667 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 94.7% in the second quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after buying an additional 192,062 shares during the period.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.7%

NYSEARCA:QUS opened at $188.53 on Friday. The business’s fifty day moving average price is $184.08 and its 200 day moving average price is $179.00. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $161.09 and a 1-year high of $188.63.

About SPDR MSCI USA StrategicFactors ETF

The SPDR MSCI USA StrategicFactors ETF (QUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks comprising three equally weighted subindexes with value, quality and minimum volatility factor strategies. QUS was launched on Apr 16, 2015 and is managed by State Street.