Paul R. Ried Financial Group LLC Boosts Position in SPDR MSCI USA StrategicFactors ETF $QUS

Paul R. Ried Financial Group LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 5.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,745 shares of the company’s stock after purchasing an additional 3,445 shares during the period. SPDR MSCI USA StrategicFactors ETF comprises 6.5% of Paul R. Ried Financial Group LLC’s investment portfolio, making the stock its 7th largest position. Paul R. Ried Financial Group LLC owned 0.69% of SPDR MSCI USA StrategicFactors ETF worth $10,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC grew its holdings in SPDR MSCI USA StrategicFactors ETF by 7.9% in the 1st quarter. LPL Financial LLC now owns 291,026 shares of the company’s stock worth $45,601,000 after acquiring an additional 21,278 shares during the last quarter. Blair William & Co. IL boosted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 8.1% during the second quarter. Blair William & Co. IL now owns 1,251 shares of the company’s stock worth $204,000 after purchasing an additional 94 shares during the period. Sfmg LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.5% in the first quarter. Sfmg LLC now owns 517,290 shares of the company’s stock worth $81,055,000 after purchasing an additional 2,687 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 15.1% in the first quarter. Cetera Investment Advisers now owns 8,567 shares of the company’s stock worth $1,342,000 after purchasing an additional 1,124 shares during the last quarter. Finally, YHB Investment Advisors Inc. purchased a new position in SPDR MSCI USA StrategicFactors ETF during the 2nd quarter valued at about $213,000.

SPDR MSCI USA StrategicFactors ETF Stock Performance

NYSEARCA QUS opened at $171.97 on Friday. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $137.58 and a fifty-two week high of $174.10. The stock has a 50 day simple moving average of $170.83 and a two-hundred day simple moving average of $164.95. The stock has a market cap of $1.53 billion, a P/E ratio of 22.46 and a beta of 0.89.

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.