Wealth Enhancement Advisory Services LLC Cuts Stake in SPDR MSCI USA StrategicFactors ETF $QUS

Wealth Enhancement Advisory Services LLC lessened its holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 55.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 50,476 shares of the company’s stock after selling 63,427 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $8,676,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Vicus Capital raised its stake in shares of SPDR MSCI USA StrategicFactors ETF by 1.7% in the third quarter. Vicus Capital now owns 4,705 shares of the company’s stock valued at $805,000 after acquiring an additional 78 shares in the last quarter. Blair William & Co. IL raised its position in SPDR MSCI USA StrategicFactors ETF by 8.1% in the 2nd quarter. Blair William & Co. IL now owns 1,251 shares of the company’s stock valued at $204,000 after purchasing an additional 94 shares in the last quarter. First Horizon Advisors Inc. raised its position in SPDR MSCI USA StrategicFactors ETF by 7.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,435 shares of the company’s stock valued at $234,000 after purchasing an additional 99 shares in the last quarter. Apollon Financial LLC boosted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 3.0% in the 2nd quarter. Apollon Financial LLC now owns 4,000 shares of the company’s stock valued at $652,000 after buying an additional 115 shares during the period. Finally, IFP Advisors Inc grew its position in shares of SPDR MSCI USA StrategicFactors ETF by 10.5% during the second quarter. IFP Advisors Inc now owns 1,216 shares of the company’s stock worth $198,000 after buying an additional 116 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Performance

QUS stock opened at $176.79 on Friday. The company’s 50 day moving average price is $174.31 and its 200 day moving average price is $170.25. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 22.46 and a beta of 0.89. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $137.58 and a fifty-two week high of $177.51.

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.