Naples Global Advisors LLC Cuts Holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Naples Global Advisors LLC decreased its holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,385 shares of the company’s stock after selling 131 shares during the quarter. Naples Global Advisors LLC owned about 0.06% of SPDR MSCI USA StrategicFactors ETF worth $834,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Concourse Financial Group Securities Inc. raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 61.9% in the third quarter. Concourse Financial Group Securities Inc. now owns 348 shares of the company’s stock worth $55,000 after acquiring an additional 133 shares during the last quarter. NBC Securities Inc. raised its stake in SPDR MSCI USA StrategicFactors ETF by 35.1% in the 3rd quarter. NBC Securities Inc. now owns 4,811 shares of the company’s stock valued at $757,000 after purchasing an additional 1,251 shares during the last quarter. Raymond James & Associates raised its stake in SPDR MSCI USA StrategicFactors ETF by 99.6% in the 3rd quarter. Raymond James & Associates now owns 143,217 shares of the company’s stock valued at $22,564,000 after purchasing an additional 71,474 shares during the last quarter. Warren Street Wealth Advisors LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at about $202,000. Finally, Sharkey Howes & Javer acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth about $6,147,000.

SPDR MSCI USA StrategicFactors ETF Stock Performance

QUS stock opened at $162.99 on Friday. The company has a 50 day moving average price of $158.64 and a two-hundred day moving average price of $157.18. The stock has a market capitalization of $1.42 billion, a P/E ratio of 25.12 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a one year low of $137.21 and a one year high of $164.23.

SPDR MSCI USA StrategicFactors ETF Profile

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.