Hershey Financial Advisers LLC Takes Position in SPDR MSCI USA StrategicFactors ETF $QUS

Hershey Financial Advisers LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 6,507 shares of the company’s stock, valued at approximately $1,061,000. Hershey Financial Advisers LLC owned 0.07% of SPDR MSCI USA StrategicFactors ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in QUS. Focus Partners Wealth grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 1.9% during the 1st quarter. Focus Partners Wealth now owns 1,918,598 shares of the company’s stock worth $300,627,000 after purchasing an additional 36,618 shares in the last quarter. Sfmg LLC grew its stake in SPDR MSCI USA StrategicFactors ETF by 0.4% during the second quarter. Sfmg LLC now owns 519,412 shares of the company’s stock worth $84,711,000 after buying an additional 2,122 shares in the last quarter. Bank of America Corp DE increased its holdings in SPDR MSCI USA StrategicFactors ETF by 94.7% in the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock valued at $64,390,000 after buying an additional 192,062 shares during the period. Envestnet Asset Management Inc. increased its holdings in SPDR MSCI USA StrategicFactors ETF by 11.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 376,207 shares of the company’s stock valued at $61,356,000 after buying an additional 37,625 shares during the period. Finally, Perennial Investment Advisors LLC raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 12.4% in the 2nd quarter. Perennial Investment Advisors LLC now owns 244,173 shares of the company’s stock valued at $39,822,000 after buying an additional 27,022 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.3%

NYSEARCA QUS opened at $174.21 on Friday. The firm’s 50 day simple moving average is $171.93 and its 200 day simple moving average is $167.09. The firm 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 has a 1 year low of $137.58 and a 1 year high of $175.14.

SPDR MSCI USA StrategicFactors ETF 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.