Nwam LLC Invests $495,000 in SPDR MSCI USA StrategicFactors ETF $QUS

Nwam LLC bought a new position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,021 shares of the company’s stock, valued at approximately $495,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Blair William & Co. IL grew its position in shares of SPDR MSCI USA StrategicFactors ETF by 8.1% in the 2nd quarter. Blair William & Co. IL now owns 1,251 shares of the company’s stock worth $204,000 after buying an additional 94 shares during the last quarter. LPL Financial LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF by 7.9% in the first quarter. LPL Financial LLC now owns 291,026 shares of the company’s stock worth $45,601,000 after acquiring an additional 21,278 shares during the period. Janney Montgomery Scott LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF by 54.1% in the second quarter. Janney Montgomery Scott LLC now owns 20,505 shares of the company’s stock worth $3,344,000 after acquiring an additional 7,200 shares during the period. YHB Investment Advisors Inc. bought a new stake in SPDR MSCI USA StrategicFactors ETF in the second quarter valued at $213,000. Finally, IFP Advisors Inc increased its position in SPDR MSCI USA StrategicFactors ETF by 10.5% during the 2nd quarter. IFP Advisors Inc now owns 1,216 shares of the company’s stock valued at $198,000 after purchasing an additional 116 shares during the period.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.3%

NYSEARCA:QUS opened at $173.86 on Thursday. The company has a 50-day moving average price of $170.65 and a 200-day moving average price of $164.69. SPDR MSCI USA StrategicFactors ETF has a 12 month low of $137.58 and a 12 month high of $174.10. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 22.46 and a beta of 0.89.

SPDR MSCI USA StrategicFactors ETF 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.