Collaborative Wealth Managment Inc. Purchases 119 Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Collaborative Wealth Managment Inc. boosted its position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 4.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,594 shares of the company’s stock after purchasing an additional 119 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $383,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth about $26,000. American National Bank purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth about $35,000. Principal Securities Inc. purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth about $77,000. SYM FINANCIAL Corp bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the second quarter valued at approximately $200,000. Finally, Long Run Wealth Advisors LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter valued at approximately $218,000.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.6 %

SPDR MSCI USA StrategicFactors ETF stock opened at $155.26 on Friday. SPDR MSCI USA StrategicFactors ETF has a twelve month low of $116.15 and a twelve month high of $156.39. The company has a market capitalization of $1.36 billion, a P/E ratio of 25.12 and a beta of 0.83. The stock’s 50 day moving average is $151.35 and its 200 day moving average is $146.60.

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.