Smartleaf Asset Management LLC Reduces Position in SPDR MSCI USA StrategicFactors ETF $QUS

Smartleaf Asset Management LLC lessened its holdings in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 31.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,623 shares of the company’s stock after selling 6,721 shares during the quarter. Smartleaf Asset Management LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $2,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Focus Partners Wealth boosted its holdings in SPDR MSCI USA StrategicFactors ETF by 5.3% in the 4th quarter. Focus Partners Wealth now owns 1,881,980 shares of the company’s stock worth $291,425,000 after buying an additional 94,556 shares during the period. Private Advisor Group LLC boosted its holdings in SPDR MSCI USA StrategicFactors ETF by 23.0% in the 1st quarter. Private Advisor Group LLC now owns 405,312 shares of the company’s stock worth $63,509,000 after buying an additional 75,842 shares during the period. Ameriprise Financial Inc. lifted its stake in SPDR MSCI USA StrategicFactors ETF by 33.0% in the 4th quarter. Ameriprise Financial Inc. now owns 171,239 shares of the company’s stock worth $26,518,000 after purchasing an additional 42,532 shares in the last quarter. Quantinno Capital Management LP purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth $6,405,000. Finally, Elevation Capital Advisory LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the 1st quarter worth $4,492,000.

SPDR MSCI USA StrategicFactors ETF Trading Up 1.0%

Shares of NYSEARCA QUS opened at $167.19 on Friday. The firm’s 50-day moving average price is $163.22 and its 200-day moving average price is $158.76. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 22.46 and a beta of 0.92. SPDR MSCI USA StrategicFactors ETF has a 12-month low of $137.58 and a 12-month high of $167.60.

SPDR MSCI USA StrategicFactors ETF Profile

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.