SPDR MSCI USA StrategicFactors ETF $QUS Shares Newly Purchased by DWM Financial Group Inc.

DWM Financial Group Inc. bought a new stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,895 shares of the company’s stock, valued at approximately $1,501,000. SPDR MSCI USA StrategicFactors ETF comprises about 1.2% of DWM Financial Group Inc.’s investment portfolio, making the stock its 14th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Howard Capital Management LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 3.2% in the third quarter. Howard Capital Management LLC now owns 208,182 shares of the company’s stock valued at $39,577,000 after buying an additional 6,401 shares during the period. BIP Wealth LLC increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 2.6% in the 3rd quarter. BIP Wealth LLC now owns 177,304 shares of the company’s stock valued at $33,707,000 after acquiring an additional 4,512 shares during the last quarter. Marotta Asset Management boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 9.7% during the third quarter. Marotta Asset Management now owns 93,212 shares of the company’s stock worth $17,721,000 after purchasing an additional 8,247 shares in the last quarter. Paul R. Ried Financial Group LLC increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 3.4% in the second quarter. Paul R. Ried Financial Group LLC now owns 76,485 shares of the company’s stock worth $14,292,000 after acquiring an additional 2,491 shares in the last quarter. Finally, Continuum Advisory LLC raised its holdings in SPDR MSCI USA StrategicFactors ETF by 2.2% during the 2nd quarter. Continuum Advisory LLC now owns 75,092 shares of the company’s stock worth $14,032,000 after buying an additional 1,589 shares during the period.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.6%

Shares of NYSEARCA QUS opened at $196.20 on Friday. The firm has a market cap of $1.59 billion, a PE ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $167.85 and a 1-year high of $197.64. The company has a fifty day moving average price of $193.91 and a 200 day moving average price of $185.10.

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.