Sfmg LLC Grows Stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Sfmg LLC lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 514,603 shares of the company’s stock after purchasing an additional 6,162 shares during the quarter. SPDR MSCI USA StrategicFactors ETF comprises 6.3% of Sfmg LLC’s investment portfolio, making the stock its 5th biggest holding. Sfmg LLC owned about 5.89% of SPDR MSCI USA StrategicFactors ETF worth $79,686,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Parkworth Wealth Management Inc. bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth about $30,000. Harbour Investments Inc. boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 40.0% during the 4th quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock worth $54,000 after purchasing an additional 100 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth about $162,000. EverSource Wealth Advisors LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth about $195,000. Finally, Summit X LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth about $201,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

QUS opened at $156.11 on Friday. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $138.31 and a fifty-two week high of $164.23. The firm has a market capitalization of $1.41 billion, a PE ratio of 23.16 and a beta of 0.91. The company’s 50-day moving average is $159.40 and its 200 day moving average is $158.58.

About SPDR MSCI USA StrategicFactors ETF

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.