Sheets Smith Wealth Management Sells 309 Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Sheets Smith Wealth Management trimmed its position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 3.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,730 shares of the company’s stock after selling 309 shares during the period. Sheets Smith Wealth Management owned about 0.09% of SPDR MSCI USA StrategicFactors ETF worth $1,197,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James & Associates raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 99.6% in the 3rd quarter. Raymond James & Associates now owns 143,217 shares of the company’s stock valued at $22,564,000 after acquiring an additional 71,474 shares during the period. Ameritas Advisory Services LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $6,182,000. Sharkey Howes & Javer acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth about $6,147,000. Janney Montgomery Scott LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $4,943,000. Finally, AlTi Global Inc. bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 2nd quarter valued at about $3,668,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

QUS stock opened at $159.23 on Wednesday. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. The company has a fifty day moving average price of $158.94 and a two-hundred day moving average price of $155.91. SPDR MSCI USA StrategicFactors ETF has a one year low of $134.77 and a one year high of $164.23.

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.