Private Advisor Group LLC Trims Stock Position in SPDR MSCI USA StrategicFactors ETF $QUS

Private Advisor Group LLC trimmed its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 27.9% in the third quarter, Holdings Channel reports. The fund owned 296,341 shares of the company’s stock after selling 114,666 shares during the period. Private Advisor Group LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $50,734,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Great Point Wealth Advisors LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $15,220,000. Hershey Financial Advisers LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the second quarter worth $1,061,000. Goodman Advisory Group LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 7,076.6% during the second quarter. Goodman Advisory Group LLC now owns 47,222 shares of the company’s stock worth $7,702,000 after purchasing an additional 46,564 shares during the period. Paul R. Ried Financial Group LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 5.5% in the 2nd quarter. Paul R. Ried Financial Group LLC now owns 65,745 shares of the company’s stock valued at $10,722,000 after buying an additional 3,445 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in SPDR MSCI USA StrategicFactors ETF by 13.2% in the 2nd quarter. Cetera Investment Advisers now owns 9,694 shares of the company’s stock valued at $1,581,000 after buying an additional 1,127 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Performance

Shares of QUS opened at $176.79 on Monday. The stock has a market capitalization of $1.56 billion, a P/E ratio of 22.46 and a beta of 0.89. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $137.58 and a 1 year high of $181.08. The company’s fifty day moving average is $177.61 and its two-hundred day moving average is $173.38.

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.