Lbmc Investment Advisors LLC Cuts Position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Lbmc Investment Advisors LLC decreased its position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 9.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,219 shares of the company’s stock after selling 1,320 shares during the quarter. Lbmc Investment Advisors LLC owned 0.14% of SPDR MSCI USA StrategicFactors ETF worth $1,925,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 80.7% in the 3rd quarter. Versant Capital Management Inc now owns 7,514 shares of the company’s stock valued at $1,184,000 after purchasing an additional 3,355 shares in the last quarter. Harbor Investment Advisory LLC raised its stake in SPDR MSCI USA StrategicFactors ETF by 30.8% in the third quarter. Harbor Investment Advisory LLC now owns 7,267 shares of the company’s stock valued at $1,145,000 after buying an additional 1,711 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the 2nd quarter worth about $494,000. NewEdge Advisors LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 8.4% during the 2nd quarter. NewEdge Advisors LLC now owns 37,483 shares of the company’s stock worth $5,527,000 after buying an additional 2,900 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 2nd quarter worth about $62,000.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.4 %

SPDR MSCI USA StrategicFactors ETF stock traded up $0.68 during mid-day trading on Tuesday, hitting $156.71. The company had a trading volume of 612 shares, compared to its average volume of 26,822. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $116.15 and a 1 year high of $157.80. The business has a fifty day moving average of $153.43 and a 200 day moving average of $148.23. 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 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.