Sequoia Financial Advisors LLC Takes Position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Sequoia Financial Advisors LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,883 shares of the company’s stock, valued at approximately $249,000.

Several other hedge funds have also added to or reduced their stakes in QUS. Allred Capital Management LLC grew its holdings in SPDR MSCI USA StrategicFactors ETF by 2.5% during the 4th quarter. Allred Capital Management LLC now owns 5,565 shares of the company’s stock worth $735,000 after acquiring an additional 138 shares during the period. Vista Investment Management grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.5% during the first quarter. Vista Investment Management now owns 33,657 shares of the company’s stock worth $4,194,000 after purchasing an additional 158 shares during the period. First Horizon Advisors Inc. increased its holdings in SPDR MSCI USA StrategicFactors ETF by 13.4% in the third quarter. First Horizon Advisors Inc. now owns 1,410 shares of the company’s stock valued at $170,000 after purchasing an additional 167 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in SPDR MSCI USA StrategicFactors ETF by 3.8% in the second quarter. Goldman Sachs Group Inc. now owns 5,169 shares of the company’s stock valued at $636,000 after buying an additional 191 shares during the period. Finally, MML Investors Services LLC boosted its holdings in SPDR MSCI USA StrategicFactors ETF by 6.1% during the second quarter. MML Investors Services LLC now owns 4,141 shares of the company’s stock worth $509,000 after buying an additional 238 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.2 %

SPDR MSCI USA StrategicFactors ETF stock opened at $138.64 on Friday. The firm has a market capitalization of $1.23 billion, a P/E ratio of 24.48 and a beta of 0.85. The business has a 50-day moving average of $141.77 and a 200-day moving average of $132.92. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $114.55 and a 1 year high of $145.77.

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.