Northwestern Mutual Wealth Management Co. Buys 3,282 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

Northwestern Mutual Wealth Management Co. grew its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 1,414.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,514 shares of the company’s stock after purchasing an additional 3,282 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $612,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Empowered Funds LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the first quarter valued at $275,000. NewEdge Advisors LLC increased its position in SPDR MSCI USA StrategicFactors ETF by 7.1% during the second quarter. NewEdge Advisors LLC now owns 36,337 shares of the company’s stock valued at $5,926,000 after acquiring an additional 2,405 shares during the last quarter. Raymond James Financial Inc. increased its position in SPDR MSCI USA StrategicFactors ETF by 31.9% during the second 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 during the last quarter. Ameriprise Financial Inc. increased its position in SPDR MSCI USA StrategicFactors ETF by 6.9% during the second quarter. Ameriprise Financial Inc. now owns 180,293 shares of the company’s stock valued at $29,401,000 after acquiring an additional 11,667 shares during the last quarter. Finally, Bank of America Corp DE increased its position in SPDR MSCI USA StrategicFactors ETF by 94.7% during the second quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock valued at $64,390,000 after acquiring an additional 192,062 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Price Performance

Shares of NYSEARCA QUS opened at $184.04 on Wednesday. The company has a market cap of $1.50 billion, a P/E ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $157.69 and a 1 year high of $187.29. The firm has a 50-day simple moving average of $180.94 and a two-hundred day simple moving average of $177.54.

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.