Smartleaf Asset Management LLC Sells 9,632 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

Smartleaf Asset Management LLC cut its holdings in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 49.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,732 shares of the company’s stock after selling 9,632 shares during the period. Smartleaf Asset Management LLC owned about 0.11% of SPDR MSCI USA StrategicFactors ETF worth $1,658,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QUS. Sfmg LLC lifted its holdings in shares of 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 purchasing an additional 2,122 shares during the period. Bank of America Corp DE raised its position in SPDR MSCI USA StrategicFactors ETF by 94.7% during the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after purchasing an additional 192,062 shares during the last quarter. Envestnet Asset Management Inc. raised its position in SPDR MSCI USA StrategicFactors ETF by 11.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 376,207 shares of the company’s stock worth $61,356,000 after purchasing an additional 37,625 shares during the last quarter. Perennial Investment Advisors LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 12.4% during the 2nd quarter. Perennial Investment Advisors LLC now owns 244,173 shares of the company’s stock worth $39,822,000 after buying an additional 27,022 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of SPDR MSCI USA StrategicFactors ETF by 6.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 180,293 shares of the company’s stock valued at $29,401,000 after buying an additional 11,667 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Trading Up 1.7%

Shares of QUS stock opened at $179.83 on Monday. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $137.58 and a 1-year high of $179.83. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 22.46 and a beta of 0.89. The stock has a 50-day moving average of $175.59 and a 200-day moving average of $171.32.

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.