Perennial Investment Advisors LLC Boosts Holdings in SPDR MSCI USA StrategicFactors ETF $QUS

Perennial Investment Advisors LLC lifted its position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 8.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 264,000 shares of the company’s stock after buying an additional 19,827 shares during the quarter. SPDR MSCI USA StrategicFactors ETF comprises 3.7% of Perennial Investment Advisors LLC’s holdings, making the stock its 5th biggest position. Perennial Investment Advisors LLC owned 2.97% of SPDR MSCI USA StrategicFactors ETF worth $45,197,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. MMA Asset Management LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $29,000. Cornerstone Planning Group LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth approximately $38,000. AE Wealth Management LLC increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 38.5% during the second quarter. AE Wealth Management LLC now owns 565 shares of the company’s stock worth $92,000 after purchasing an additional 157 shares during the period. Clark Asset Management LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $202,000. Finally, Vantage Financial Partners LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $204,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

Shares of NYSEARCA:QUS opened at $178.21 on Friday. The business’s 50 day simple moving average is $177.60 and its 200 day simple moving average is $173.20. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $137.58 and a 1 year high of $181.08. The company has a market capitalization of $1.57 billion, a P/E ratio of 22.46 and a beta of 0.89.

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.