Mercer Global Advisors Inc. ADV Sells 8,686 Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Mercer Global Advisors Inc. ADV decreased its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 21.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,991 shares of the company’s stock after selling 8,686 shares during the period. Mercer Global Advisors Inc. ADV owned approximately 0.35% of SPDR MSCI USA StrategicFactors ETF worth $4,570,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of QUS. Perennial Investment Advisors LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 7.5% during the second quarter. Perennial Investment Advisors LLC now owns 173,290 shares of the company’s stock worth $25,549,000 after buying an additional 12,140 shares in the last quarter. Collaborative Wealth Managment Inc. increased its position in shares of SPDR MSCI USA StrategicFactors ETF by 4.8% during the second quarter. Collaborative Wealth Managment Inc. now owns 2,594 shares of the company’s stock valued at $383,000 after purchasing an additional 119 shares during the period. SYM FINANCIAL Corp acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the second quarter valued at $200,000. Eagle Strategies LLC bought a new position in SPDR MSCI USA StrategicFactors ETF in the second quarter worth $9,399,000. Finally, Vantage Financial Partners LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF by 6.6% during the second quarter. Vantage Financial Partners LLC now owns 3,193 shares of the company’s stock worth $471,000 after buying an additional 197 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Performance

Shares of QUS stock opened at $156.52 on Friday. The firm has a fifty day moving average of $151.98 and a 200-day moving average of $147.12. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 52-week low of $116.15 and a 52-week high of $157.15.

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.