Midwest Financial Network LLC Raises Stock Position in SPDR MSCI USA StrategicFactors ETF $QUS

Midwest Financial Network LLC raised its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 81.3% in the 1st quarter, Holdings Channel reports. The firm owned 21,689 shares of the company’s stock after purchasing an additional 9,725 shares during the quarter. SPDR MSCI USA StrategicFactors ETF accounts for 3.0% of Midwest Financial Network LLC’s investment portfolio, making the stock its 8th largest holding. Midwest Financial Network LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $3,723,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of QUS. Empowered Funds LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the first quarter valued at about $275,000. NewEdge Advisors LLC raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 7.1% during the second quarter. NewEdge Advisors LLC now owns 36,337 shares of the company’s stock worth $5,926,000 after acquiring an additional 2,405 shares during the last quarter. Raymond James Financial Inc. lifted its stake 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 worth $22,879,000 after acquiring an additional 33,967 shares during the period. Ameriprise Financial Inc. lifted its stake 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 acquiring an additional 11,667 shares during the period. Finally, Bank of America Corp DE boosted its holdings in 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 valued at $64,390,000 after acquiring an additional 192,062 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Performance

NYSEARCA:QUS opened at $189.38 on Friday. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $161.09 and a fifty-two week high of $190.46. The company has a 50 day simple moving average of $186.47 and a two-hundred day simple moving average of $180.90. The company has a market capitalization of $1.53 billion, a PE ratio of 22.46 and a beta of 0.83.

SPDR MSCI USA StrategicFactors ETF Company 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.