Focus Partners Wealth Sells 28,389 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

Focus Partners Wealth cut its holdings in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,032,514 shares of the company’s stock after selling 28,389 shares during the period. Focus Partners Wealth owned about 23.02% of SPDR MSCI USA StrategicFactors ETF worth $353,496,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. bought a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth $40,000. Triumph Capital Management bought a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth $54,000. Empowered Funds LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $94,000. Maia Wealth LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth $203,000. Finally, Arax Advisory Partners bought a new stake in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $226,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

NYSEARCA QUS opened at $185.35 on Friday. The business has a fifty day moving average price of $181.75 and a two-hundred day moving average price of $177.80. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $157.69 and a fifty-two week high of $187.29. The stock has a market capitalization of $1.51 billion, a PE ratio of 22.46 and a beta of 0.83.

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.