Hilltop Holdings Inc. Invests $1.62 Million in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Hilltop Holdings Inc. bought a new position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 10,250 shares of the company’s stock, valued at approximately $1,615,000. Hilltop Holdings Inc. owned about 0.12% of SPDR MSCI USA StrategicFactors ETF as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Concourse Financial Group Securities Inc. increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 61.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 348 shares of the company’s stock worth $55,000 after buying an additional 133 shares during the last quarter. Beaird Harris Wealth Management LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 2nd quarter worth about $62,000. Warren Street Wealth Advisors LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth about $202,000. Valmark Advisers Inc. purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth about $211,000. Finally, SYM FINANCIAL Corp purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 2nd quarter worth about $200,000.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.1 %

QUS stock opened at $163.59 on Wednesday. SPDR MSCI USA StrategicFactors ETF has a 12 month low of $127.71 and a 12 month high of $164.23. The company has a 50-day moving average price of $159.42 and a 200 day moving average price of $153.24. The stock has a market cap of $1.43 billion, a PE ratio of 25.12 and a beta of 0.83.

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.