DWM Financial Group Inc. Purchases 7,895 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

DWM Financial Group Inc. acquired a new stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 7,895 shares of the company’s stock, valued at approximately $1,501,000. SPDR MSCI USA StrategicFactors ETF makes up approximately 1.2% of DWM Financial Group Inc.’s holdings, making the stock its 14th biggest position. DWM Financial Group Inc. owned 0.10% of SPDR MSCI USA StrategicFactors ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mather Group LLC. bought a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at about $34,000. Western Wealth Management LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the first quarter worth about $173,000. B. Riley Wealth Advisors Inc. bought a new position in SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $235,000. Carnegie Investment Counsel bought a new position in SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $304,000. Finally, Perryman Financial Advisory Inc. AD acquired a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter valued at approximately $313,000.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.6%

QUS stock opened at $196.20 on Friday. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $167.85 and a 1-year high of $197.64. The firm has a market cap of $1.59 billion, a P/E ratio of 22.46 and a beta of 0.83. The business’s 50 day moving average is $193.91 and its 200-day moving average is $185.10.

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.