Garrett Wealth Advisory Group LLC Boosts Stake in SPDR MSCI USA StrategicFactors ETF $QUS

Garrett Wealth Advisory Group LLC boosted its position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 2.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 174,489 shares of the company’s stock after purchasing an additional 3,511 shares during the period. SPDR MSCI USA StrategicFactors ETF comprises about 5.8% of Garrett Wealth Advisory Group LLC’s portfolio, making the stock its 7th biggest holding. Garrett Wealth Advisory Group LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $29,872,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. MMA Asset Management LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter worth $29,000. Cornerstone Planning Group LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $38,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $40,000. Triumph Capital Management bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth $54,000. Finally, AE Wealth Management LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 38.5% during the 2nd quarter. AE Wealth Management LLC now owns 565 shares of the company’s stock worth $92,000 after acquiring an additional 157 shares during the period.

SPDR MSCI USA StrategicFactors ETF Stock Performance

Shares of QUS opened at $175.30 on Wednesday. The business has a 50-day moving average of $177.67 and a 200 day moving average of $173.81. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $137.58 and a fifty-two week high of $181.08. The firm has a market cap of $1.55 billion, a P/E ratio of 22.46 and a beta of 0.89.

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.