SPDR MSCI USA StrategicFactors ETF $QUS Stake Boosted by Paul R. Ried Financial Group LLC

Paul R. Ried Financial Group LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 4.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,994 shares of the company’s stock after acquiring an additional 3,133 shares during the quarter. SPDR MSCI USA StrategicFactors ETF makes up 5.9% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 8th biggest holding. Paul R. Ried Financial Group LLC owned 0.91% of SPDR MSCI USA StrategicFactors ETF worth $12,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BIP Wealth LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth approximately $18,907,000. Gilpin Wealth Management LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the fourth quarter valued at approximately $637,000. Sfmg LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF by 0.6% in the fourth quarter. Sfmg LLC now owns 527,047 shares of the company’s stock valued at $91,804,000 after acquiring an additional 3,069 shares during the last quarter. Garrett Wealth Advisory Group LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 2.3% in the fourth quarter. Garrett Wealth Advisory Group LLC now owns 178,546 shares of the company’s stock worth $31,100,000 after acquiring an additional 4,057 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in SPDR MSCI USA StrategicFactors ETF by 1,414.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,514 shares of the company’s stock worth $612,000 after acquiring an additional 3,282 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.4%

Shares of QUS opened at $186.93 on Tuesday. The company’s fifty day moving average is $185.79 and its 200-day moving average is $180.15. SPDR MSCI USA StrategicFactors ETF has a 12 month low of $161.09 and a 12 month high of $189.53. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

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.