Spinnaker Investment Group LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 4,068 shares of the company’s stock, valued at approximately $760,000.
Several other hedge funds have also recently modified their holdings of QUS. Northwestern Mutual Wealth Management Co. bought a new position in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $40,000. Triumph Capital Management bought a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter worth about $54,000. Empowered Funds LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF in the fourth quarter valued at about $94,000. Western Wealth Management LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 1st quarter valued at approximately $173,000. Finally, Maia Wealth LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at approximately $203,000.
SPDR MSCI USA StrategicFactors ETF Stock Up 0.3%
Shares of QUS stock opened at $195.00 on Tuesday. The firm has a market cap of $1.58 billion, a P/E ratio of 22.46 and a beta of 0.83. The company has a 50 day moving average of $187.33 and a 200-day moving average of $181.65. SPDR MSCI USA StrategicFactors ETF has a 12-month low of $163.18 and a 12-month high of $195.34.
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.
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Want to see what other hedge funds are holding QUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Free Report).
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