ARQ Wealth Advisors LLC Purchases 2,992 Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

ARQ Wealth Advisors LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 11.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,133 shares of the company’s stock after purchasing an additional 2,992 shares during the period. SPDR MSCI USA StrategicFactors ETF accounts for 1.7% of ARQ Wealth Advisors LLC’s holdings, making the stock its 20th biggest holding. ARQ Wealth Advisors LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $4,511,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Princeton Global Asset Management LLC boosted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 0.7% in the 4th quarter. Princeton Global Asset Management LLC now owns 10,957 shares of the company’s stock worth $1,697,000 after purchasing an additional 77 shares during the period. Riverpoint Wealth Management Holdings LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF by 0.9% during the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 9,649 shares of the company’s stock worth $1,494,000 after purchasing an additional 82 shares during the period. Harbour Investments Inc. increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 40.0% during the fourth quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock valued at $54,000 after buying an additional 100 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in SPDR MSCI USA StrategicFactors ETF by 2.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,687 shares of the company’s stock valued at $881,000 after purchasing an additional 109 shares during the period. Finally, Captrust Financial Advisors raised its stake in SPDR MSCI USA StrategicFactors ETF by 4.6% in the fourth quarter. Captrust Financial Advisors now owns 2,568 shares of the company’s stock worth $398,000 after buying an additional 113 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Price Performance

Shares of NYSEARCA QUS opened at $156.85 on Friday. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $137.58 and a 1-year high of $164.23. The stock has a market capitalization of $1.48 billion, a P/E ratio of 23.00 and a beta of 0.90. The business has a fifty day moving average price of $153.52 and a 200 day moving average price of $157.47.

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.