Paul R. Ried Financial Group LLC Buys 3,133 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

Paul R. Ried Financial Group LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 4.4% during the first quarter, Holdings Channel reports. The fund owned 73,994 shares of the company’s stock after acquiring an additional 3,133 shares during the quarter. SPDR MSCI USA StrategicFactors ETF accounts for 5.9% of Paul R. Ried Financial Group LLC’s holdings, making the stock its 8th largest position. Paul R. Ried Financial Group LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $12,700,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QUS. Bank of America Corp DE boosted its position in SPDR MSCI USA StrategicFactors ETF by 94.7% during the second quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after purchasing an additional 192,062 shares during the period. BIP Wealth LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at approximately $18,907,000. Howard Capital Management Inc. raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 85.0% in the fourth quarter. Howard Capital Management Inc. now owns 119,933 shares of the company’s stock valued at $20,890,000 after purchasing an additional 55,112 shares during the period. Raymond James Financial Inc. raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 31.9% in the second quarter. Raymond James Financial Inc. now owns 140,287 shares of the company’s stock valued at $22,879,000 after purchasing an additional 33,967 shares during the period. Finally, Two Sigma Investments LP raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 164.6% in the third quarter. Two Sigma Investments LP now owns 54,500 shares of the company’s stock valued at $9,330,000 after purchasing an additional 33,900 shares during the period.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.4%

Shares of SPDR MSCI USA StrategicFactors ETF stock opened at $186.93 on Tuesday. The firm has a fifty day simple moving average of $185.79 and a 200-day simple moving average of $180.15. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $161.09 and a 1-year high of $189.53.

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.