8,247 SPDR MSCI USA StrategicFactors ETF $QUS Shares Bought by Marotta Asset Management

Marotta Asset Management increased its position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 9.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 93,212 shares of the company’s stock after purchasing an additional 8,247 shares during the period. SPDR MSCI USA StrategicFactors ETF accounts for about 3.0% of Marotta Asset Management’s holdings, making the stock its 9th biggest position. Marotta Asset Management’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $17,721,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Midwest Financial Network LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 81.3% during the first quarter. Midwest Financial Network LLC now owns 21,689 shares of the company’s stock valued at $3,723,000 after purchasing an additional 9,725 shares during the last quarter. Nwam LLC increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 171.0% in the first quarter. Nwam LLC now owns 10,278 shares of the company’s stock worth $1,764,000 after purchasing an additional 6,486 shares in the last quarter. Spinnaker Investment Group LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the second quarter worth about $760,000. Gilpin Wealth Management LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter valued at approximately $637,000. Finally, Goodman Advisory Group LLC raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 6.5% in the fourth quarter. Goodman Advisory Group LLC now owns 56,311 shares of the company’s stock valued at $9,808,000 after purchasing an additional 3,437 shares during the period.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.4%

Shares of QUS stock traded up $0.69 during trading on Friday, reaching $191.51. 14,366 shares of the company’s stock traded hands, compared to its average volume of 23,727. The firm’s 50-day moving average is $192.78 and its 200 day moving average is $185.72. The company has a market capitalization of $1.56 billion, a P/E ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $167.85 and a 1 year high of $196.45.

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.