SPDR MSCI USA StrategicFactors ETF $QUS Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 40.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222,800 shares of the company’s stock after selling 153,407 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.51% of SPDR MSCI USA StrategicFactors ETF worth $38,143,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Cornerstone Planning Group LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $38,000. AE Wealth Management LLC lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 38.5% during the 2nd quarter. AE Wealth Management LLC now owns 565 shares of the company’s stock worth $92,000 after purchasing an additional 157 shares during the last quarter. Clark Asset Management LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth $202,000. Wedmont Private Capital acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at $205,000. Finally, IFP Advisors Inc lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 10.5% during the 2nd quarter. IFP Advisors Inc now owns 1,216 shares of the company’s stock worth $198,000 after buying an additional 116 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Performance

NYSEARCA:QUS opened at $179.50 on Wednesday. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $137.58 and a 1 year high of $180.31. The stock has a market cap of $1.58 billion, a P/E ratio of 22.46 and a beta of 0.89. The stock has a 50-day simple moving average of $175.86 and a 200-day simple moving average of $171.52.

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.