PFG Private Wealth Management LLC Buys Shares of 27,711 SPDR MSCI USA StrategicFactors ETF $QUS

PFG Private Wealth Management LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) in the 3rd quarter, HoldingsChannel reports. The firm purchased 27,711 shares of the company’s stock, valued at approximately $4,744,000. SPDR MSCI USA StrategicFactors ETF accounts for about 2.1% of PFG Private Wealth Management LLC’s portfolio, making the stock its 14th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QUS. Bank of America Corp DE lifted its stake in SPDR MSCI USA StrategicFactors ETF by 94.7% in the second quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock valued at $64,390,000 after buying an additional 192,062 shares during the period. Great Point Wealth Advisors LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $15,220,000. Goodman Advisory Group LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 7,076.6% in the 2nd quarter. Goodman Advisory Group LLC now owns 47,222 shares of the company’s stock worth $7,702,000 after acquiring an additional 46,564 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 11.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 376,207 shares of the company’s stock worth $61,356,000 after acquiring an additional 37,625 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in SPDR MSCI USA StrategicFactors ETF by 31.9% in the 2nd quarter. Raymond James Financial Inc. now owns 140,287 shares of the company’s stock valued at $22,879,000 after acquiring an additional 33,967 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.2%

Shares of SPDR MSCI USA StrategicFactors ETF stock opened at $179.89 on Thursday. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $137.58 and a 52 week high of $180.31. The business has a 50 day moving average price of $175.98 and a 200-day moving average price of $171.58. The company has a market cap of $1.59 billion, a PE ratio of 22.46 and a beta of 0.89.

SPDR MSCI USA StrategicFactors ETF Company 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.