SPDR MSCI USA StrategicFactors ETF $QUS Stock: Howard Capital Management LLC Grows Stake

Howard Capital Management LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,182 shares of the company’s stock after purchasing an additional 6,401 shares during the quarter. Howard Capital Management LLC owned 2.56% of SPDR MSCI USA StrategicFactors ETF worth $39,577,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Marotta Asset Management lifted its stake in SPDR MSCI USA StrategicFactors ETF by 9.7% during the 3rd quarter. Marotta Asset Management now owns 93,212 shares of the company’s stock valued at $17,721,000 after acquiring an additional 8,247 shares in the last quarter. Paul R. Ried Financial Group LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 3.4% in the 2nd quarter. Paul R. Ried Financial Group LLC now owns 76,485 shares of the company’s stock worth $14,292,000 after acquiring an additional 2,491 shares in the last quarter. Continuum Advisory LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 2.2% in the second quarter. Continuum Advisory LLC now owns 75,092 shares of the company’s stock valued at $14,032,000 after purchasing an additional 1,589 shares during the last quarter. ARQ Wealth Advisors LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 8.6% in the first quarter. ARQ Wealth Advisors LLC now owns 42,357 shares of the company’s stock valued at $7,270,000 after purchasing an additional 3,339 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 1.8% in the second quarter. NewEdge Advisors LLC now owns 38,014 shares of the company’s stock valued at $7,103,000 after purchasing an additional 659 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.5%

Shares of QUS traded down $0.99 during trading hours on Friday, reaching $195.34. 13,556 shares of the stock traded hands, compared to its average volume of 23,257. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $167.85 and a 52 week high of $197.23. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83. The stock has a fifty day simple moving average of $193.57 and a 200 day simple moving average of $187.33.

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.