SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 942.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,263 shares of the company’s stock after acquiring an additional 10,183 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.13% of SPDR MSCI USA StrategicFactors ETF worth $1,744,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of QUS. Parkworth Wealth Management Inc. purchased a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth approximately $30,000. Harbour Investments Inc. lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 40.0% during the 4th quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock valued at $54,000 after buying an additional 100 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at $162,000. EverSource Wealth Advisors LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth $195,000. Finally, Summit X LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $201,000.

SPDR MSCI USA StrategicFactors ETF Stock Up 1.2 %

QUS opened at $152.20 on Friday. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 22.32 and a beta of 0.89. The firm’s fifty day simple moving average is $154.54 and its two-hundred day simple moving average is $157.72. SPDR MSCI USA StrategicFactors ETF has a 52-week low of $137.58 and a 52-week high of $164.23.

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.