Waterloo Capital L.P. Trims Stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Waterloo Capital L.P. cut its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 3.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,609 shares of the company’s stock after selling 113 shares during the period. Waterloo Capital L.P.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $532,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Concourse Financial Group Securities Inc. bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth about $26,000. Principal Securities Inc. bought a new stake in SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $77,000. SYM FINANCIAL Corp purchased a new position in SPDR MSCI USA StrategicFactors ETF during the second quarter valued at approximately $200,000. Long Run Wealth Advisors LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the first quarter worth approximately $218,000. Finally, YHB Investment Advisors Inc. purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the first quarter worth $220,000.

SPDR MSCI USA StrategicFactors ETF Stock Performance

QUS opened at $155.00 on Thursday. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. The firm’s fifty day moving average is $151.72 and its 200 day moving average is $146.91. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $116.15 and a fifty-two week high of $156.47.

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.