Riverpoint Wealth Management Holdings LLC Has $1.51 Million Holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Riverpoint Wealth Management Holdings LLC trimmed its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 5.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,567 shares of the company’s stock after selling 532 shares during the quarter. SPDR MSCI USA StrategicFactors ETF makes up about 0.4% of Riverpoint Wealth Management Holdings LLC’s portfolio, making the stock its 25th largest holding. Riverpoint Wealth Management Holdings LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $1,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Lbmc Investment Advisors LLC increased its stake in SPDR MSCI USA StrategicFactors ETF by 0.6% in the second quarter. Lbmc Investment Advisors LLC now owns 13,539 shares of the company’s stock valued at $1,996,000 after purchasing an additional 75 shares in the last quarter. Vicus Capital grew its stake in SPDR MSCI USA StrategicFactors ETF by 2.1% in the second quarter. Vicus Capital now owns 5,217 shares of the company’s stock valued at $769,000 after acquiring an additional 109 shares during the period. Collaborative Wealth Managment Inc. increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 4.8% during the second quarter. Collaborative Wealth Managment Inc. now owns 2,594 shares of the company’s stock valued at $383,000 after acquiring an additional 119 shares in the last quarter. Concourse Financial Group Securities Inc. raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 61.9% during the third quarter. Concourse Financial Group Securities Inc. now owns 348 shares of the company’s stock worth $55,000 after purchasing an additional 133 shares during the period. Finally, Goldstein Advisors LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 1.4% in the 3rd quarter. Goldstein Advisors LLC now owns 11,319 shares of the company’s stock valued at $1,783,000 after purchasing an additional 157 shares during the period.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.5 %

QUS opened at $162.34 on Monday. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $122.20 and a 1-year high of $162.68. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. The company’s fifty day moving average price is $157.02 and its two-hundred day moving average price is $150.90.

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.