BIP Wealth LLC Invests $18.91 Million in SPDR MSCI USA StrategicFactors ETF $QUS

BIP Wealth LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 108,545 shares of the company’s stock, valued at approximately $18,907,000. BIP Wealth LLC owned approximately 1.22% of SPDR MSCI USA StrategicFactors ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. B. Riley Wealth Advisors Inc. boosted its stake in SPDR MSCI USA StrategicFactors ETF by 5.4% in the third quarter. B. Riley Wealth Advisors Inc. now owns 1,461 shares of the company’s stock worth $250,000 after buying an additional 75 shares in the last quarter. Vicus Capital boosted its stake in SPDR MSCI USA StrategicFactors ETF by 1.7% in the third quarter. Vicus Capital now owns 4,705 shares of the company’s stock worth $805,000 after buying an additional 78 shares in the last quarter. Collaborative Wealth Managment Inc. boosted its stake in SPDR MSCI USA StrategicFactors ETF by 4.0% in the third quarter. Collaborative Wealth Managment Inc. now owns 2,107 shares of the company’s stock worth $361,000 after buying an additional 82 shares in the last quarter. Avant Capital LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF by 3.2% in the third quarter. Avant Capital LLC now owns 3,304 shares of the company’s stock worth $566,000 after buying an additional 102 shares in the last quarter. Finally, MMA Asset Management LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter worth approximately $29,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

Shares of QUS opened at $173.06 on Wednesday. The firm has a market cap of $1.44 billion, a P/E ratio of 22.46 and a beta of 0.88. The stock has a 50 day simple moving average of $176.18 and a two-hundred day simple moving average of $174.18. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $139.28 and a 1 year high of $181.08.

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.