SPDR MSCI USA StrategicFactors ETF $QUS Shares Bought by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC boosted its holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 8.1% in the third quarter, Holdings Channel reports. The institutional investor owned 264,000 shares of the company’s stock after buying an additional 19,827 shares during the period. SPDR MSCI USA StrategicFactors ETF accounts for approximately 3.7% of Perennial Investment Advisors LLC’s holdings, making the stock its 5th largest position. Perennial Investment Advisors LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $45,197,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Empowered Funds LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF in the 1st quarter valued at approximately $275,000. Prosperity Consulting Group LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 7.5% in the second quarter. Prosperity Consulting Group LLC now owns 2,342 shares of the company’s stock worth $382,000 after purchasing an additional 164 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in SPDR MSCI USA StrategicFactors ETF by 7.4% in the second quarter. First Horizon Advisors Inc. now owns 1,435 shares of the company’s stock valued at $234,000 after purchasing an additional 99 shares during the period. Strategic Financial Partners Ltd. bought a new position in SPDR MSCI USA StrategicFactors ETF during the 2nd quarter worth $1,726,000. Finally, AE Wealth Management LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 38.5% during the 2nd quarter. AE Wealth Management LLC now owns 565 shares of the company’s stock worth $92,000 after buying an additional 157 shares during the period.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.9%

NYSEARCA QUS opened at $178.21 on Friday. The firm has a market capitalization of $1.57 billion, a PE ratio of 22.46 and a beta of 0.89. The business’s 50-day moving average price is $177.60 and its two-hundred day moving average price is $173.20. SPDR MSCI USA StrategicFactors ETF has a 12 month low of $137.58 and a 12 month high of $181.08.

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.