Theory Financial LLC Sells 3,374 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

Theory Financial LLC trimmed its position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 22.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 11,861 shares of the company’s stock after selling 3,374 shares during the period. Theory Financial LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $2,039,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. AE Wealth Management LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 38.5% in the second quarter. AE Wealth Management LLC now owns 565 shares of the company’s stock valued at $92,000 after purchasing an additional 157 shares in the last quarter. Clark Asset Management LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $202,000. Wedmont Private Capital purchased a new position in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth $205,000. IFP Advisors Inc grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 10.5% in the 2nd quarter. IFP Advisors Inc now owns 1,216 shares of the company’s stock worth $198,000 after acquiring an additional 116 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 42.1% during the 3rd quarter. Geneos Wealth Management Inc. now owns 1,238 shares of the company’s stock worth $212,000 after buying an additional 367 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.1%

Shares of QUS stock opened at $176.73 on Friday. The company has a 50 day moving average of $173.97 and a 200-day moving average of $169.82. SPDR MSCI USA StrategicFactors ETF has a 12-month low of $137.58 and a 12-month high of $177.51. The firm has a market cap of $1.56 billion, a P/E ratio of 22.46 and a beta of 0.89.

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.