Envestnet Portfolio Solutions Inc. lowered its holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Free Report) by 13.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,659 shares of the company’s stock after selling 872 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $834,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Concourse Financial Group Securities Inc. purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at approximately $26,000. American National Bank purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at approximately $35,000. Principal Securities Inc. bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth about $77,000. Smith Anglin Financial LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF in the first quarter worth $206,000. Finally, Long Run Wealth Advisors LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter valued at approximately $218,000.
SPDR MSCI USA StrategicFactors ETF Stock Up 0.2 %
QUS opened at $152.62 on Monday. SPDR MSCI USA StrategicFactors ETF has a twelve month low of $116.15 and a twelve month high of $152.82. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. The firm has a 50 day moving average price of $148.64 and a 200-day moving average price of $144.45.
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.
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