SPDR MSCI USA StrategicFactors ETF $QUS Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 40.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 222,800 shares of the company’s stock after selling 153,407 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $38,143,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its position in SPDR MSCI USA StrategicFactors ETF by 94.7% during the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after purchasing an additional 192,062 shares in the last quarter. Great Point Wealth Advisors LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth about $15,220,000. Goodman Advisory Group LLC raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 7,076.6% in the second quarter. Goodman Advisory Group LLC now owns 47,222 shares of the company’s stock valued at $7,702,000 after buying an additional 46,564 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 31.9% in the second quarter. Raymond James Financial Inc. now owns 140,287 shares of the company’s stock valued at $22,879,000 after buying an additional 33,967 shares during the last quarter. Finally, Perennial Investment Advisors LLC lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 12.4% during the second quarter. Perennial Investment Advisors LLC now owns 244,173 shares of the company’s stock valued at $39,822,000 after buying an additional 27,022 shares during the period.

SPDR MSCI USA StrategicFactors ETF Stock Performance

Shares of NYSEARCA QUS opened at $179.50 on Wednesday. The firm has a market cap of $1.58 billion, a P/E ratio of 22.46 and a beta of 0.89. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $137.58 and a 1 year high of $180.31. The firm’s 50 day moving average price is $175.86 and its 200 day moving average price is $171.52.

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.