Marotta Asset Management Increases Position in SPDR MSCI USA StrategicFactors ETF $QUS

Marotta Asset Management increased its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 16.0% in the first quarter, HoldingsChannel.com reports. The firm owned 66,803 shares of the company’s stock after acquiring an additional 9,232 shares during the quarter. SPDR MSCI USA StrategicFactors ETF accounts for 2.1% of Marotta Asset Management’s portfolio, making the stock its 15th largest position. Marotta Asset Management’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $11,507,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $40,000. Triumph Capital Management purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $54,000. Empowered Funds LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth approximately $94,000. Maia Wealth LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter worth approximately $203,000. Finally, Arax Advisory Partners purchased a new position in SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at approximately $226,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

NYSEARCA QUS opened at $188.53 on Friday. The business has a 50 day moving average price of $184.08 and a 200 day moving average price of $179.00. The company has a market capitalization of $1.54 billion, a P/E ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $161.09 and a 1-year high of $188.63.

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.