Sage Mountain Advisors LLC Sells 16,474 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

Sage Mountain Advisors LLC cut its holdings in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 8.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 170,600 shares of the company’s stock after selling 16,474 shares during the quarter. SPDR MSCI USA StrategicFactors ETF comprises 1.7% of Sage Mountain Advisors LLC’s portfolio, making the stock its 13th largest holding. Sage Mountain Advisors LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $29,207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QUS. Parsons Capital Management Inc. RI increased its position in SPDR MSCI USA StrategicFactors ETF by 1.8% during the 3rd quarter. Parsons Capital Management Inc. RI now owns 28,554 shares of the company’s stock valued at $4,888,000 after purchasing an additional 493 shares during the period. Great Point Wealth Advisors LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter valued at about $15,220,000. Harbor Investment Advisory LLC raised its stake in SPDR MSCI USA StrategicFactors ETF by 3.3% in the third quarter. Harbor Investment Advisory LLC now owns 12,376 shares of the company’s stock worth $2,119,000 after buying an additional 401 shares in the last quarter. Vicus Capital lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 1.7% in the third quarter. Vicus Capital now owns 4,705 shares of the company’s stock worth $805,000 after buying an additional 78 shares during the period. Finally, Strategic Blueprint LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 11.7% in the third quarter. Strategic Blueprint LLC now owns 107,676 shares of the company’s stock worth $18,434,000 after buying an additional 11,305 shares during the period.

SPDR MSCI USA StrategicFactors ETF Stock Performance

QUS stock opened at $175.01 on Tuesday. The business’s 50 day moving average price is $174.06 and its two-hundred day moving average price is $169.95. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $137.58 and a fifty-two week high of $177.51. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 22.46 and a beta of 0.89.

SPDR MSCI USA StrategicFactors ETF Company 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.