Envestnet Asset Management Inc. lowered its holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Free Report) by 8.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 356,803 shares of the company’s stock after selling 33,838 shares during the period. Envestnet Asset Management Inc. owned about 4.09% of SPDR MSCI USA StrategicFactors ETF worth $52,610,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of QUS. Concourse Financial Group Securities Inc. purchased a new position in SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $26,000. Principal Securities Inc. purchased a new position in SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $77,000. Avantax Advisory Services Inc. purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter valued at $234,000. Janney Montgomery Scott LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter valued at $2,195,000. Finally, Focus Financial Network Inc. ADV purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter valued at $254,000.
SPDR MSCI USA StrategicFactors ETF Price Performance
Shares of NYSEARCA QUS opened at $155.00 on Thursday. SPDR MSCI USA StrategicFactors ETF has a one year low of $116.15 and a one year high of $156.47. The business’s fifty day moving average price is $151.72 and its 200-day moving average price is $146.91. The stock has a market capitalization of $1.35 billion, a PE ratio of 25.12 and a beta of 0.83.
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.
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