First Hawaiian Bank Sells 7,562 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

First Hawaiian Bank lessened its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 18.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,356 shares of the company’s stock after selling 7,562 shares during the quarter. SPDR MSCI USA StrategicFactors ETF makes up about 0.8% of First Hawaiian Bank’s holdings, making the stock its 23rd largest position. First Hawaiian Bank owned approximately 0.38% of SPDR MSCI USA StrategicFactors ETF worth $5,810,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of QUS. Great Point Wealth Advisors LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $15,220,000. Hershey Financial Advisers LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF during the 2nd quarter worth $1,061,000. Goodman Advisory Group LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 7,076.6% in the 2nd quarter. Goodman Advisory Group LLC now owns 47,222 shares of the company’s stock worth $7,702,000 after acquiring an additional 46,564 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 13.2% in the 2nd quarter. Cetera Investment Advisers now owns 9,694 shares of the company’s stock worth $1,581,000 after acquiring an additional 1,127 shares in the last quarter. Finally, Strategic Blueprint LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 11.7% in the third quarter. Strategic Blueprint LLC now owns 107,676 shares of the company’s stock valued at $18,434,000 after purchasing an additional 11,305 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Price Performance

QUS opened at $172.59 on Friday. The company’s 50-day moving average is $177.53 and its 200 day moving average is $173.80. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $137.58 and a fifty-two week high of $181.08. The firm has a market capitalization of $1.52 billion, a P/E ratio of 22.46 and a beta of 0.89.

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.