Paul R. Ried Financial Group LLC Takes Position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Paul R. Ried Financial Group LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 59,094 shares of the company’s stock, valued at approximately $9,151,000. SPDR MSCI USA StrategicFactors ETF makes up about 6.4% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 8th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Princeton Global Asset Management LLC grew its position in shares of SPDR MSCI USA StrategicFactors ETF by 0.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 10,957 shares of the company’s stock valued at $1,697,000 after acquiring an additional 77 shares during the period. Strategic Blueprint LLC increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 14.1% in the fourth quarter. Strategic Blueprint LLC now owns 89,455 shares of the company’s stock worth $13,852,000 after purchasing an additional 11,070 shares during the period. BankPlus Wealth Management LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $356,000. Mount Yale Investment Advisors LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at $37,280,000. Finally, Cornerstone Wealth Management LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 4.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 9,376 shares of the company’s stock worth $1,452,000 after buying an additional 364 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.1 %

Shares of QUS opened at $160.75 on Tuesday. The stock has a 50-day moving average price of $158.96 and a 200-day moving average price of $156.56. The company has a market cap of $1.40 billion, a PE ratio of 25.12 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 12-month low of $136.27 and a 12-month high of $164.23.

SPDR MSCI USA StrategicFactors ETF Company 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.