Concourse Financial Group Securities Inc. Raises Holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Concourse Financial Group Securities Inc. grew its position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 61.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 348 shares of the company’s stock after purchasing an additional 133 shares during the period. Concourse Financial Group Securities Inc.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $55,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Private Advisor Group LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 1,200.1% in the 1st quarter. Private Advisor Group LLC now owns 317,958 shares of the company’s stock valued at $46,304,000 after acquiring an additional 293,502 shares during the last quarter. Mount Yale Investment Advisors LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 1st quarter valued at about $29,776,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 4,768.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 122,252 shares of the company’s stock valued at $18,026,000 after acquiring an additional 119,741 shares during the last quarter. Eagle Strategies LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 2nd quarter valued at about $9,399,000. Finally, Bouvel Investment Partners LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 1st quarter valued at about $5,337,000.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.5 %

Shares of NYSEARCA:QUS opened at $159.49 on Tuesday. SPDR MSCI USA StrategicFactors ETF has a 12 month low of $116.15 and a 12 month high of $160.73. The company has a 50-day moving average price of $155.74 and a 200 day moving average price of $149.26. The company has a market cap of $1.39 billion, a price-to-earnings 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.