Sheets Smith Wealth Management Has $1.20 Million Stock Position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Sheets Smith Wealth Management cut its holdings in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 3.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 7,730 shares of the company’s stock after selling 309 shares during the quarter. Sheets Smith Wealth Management’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $1,197,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of QUS. Harbor Investment Advisory LLC raised its holdings in SPDR MSCI USA StrategicFactors ETF by 54.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 11,242 shares of the company’s stock worth $1,741,000 after purchasing an additional 3,975 shares during the last quarter. Lbmc Investment Advisors LLC grew its holdings in SPDR MSCI USA StrategicFactors ETF by 0.7% in the fourth quarter. Lbmc Investment Advisors LLC now owns 12,305 shares of the company’s stock worth $1,905,000 after purchasing an additional 86 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at about $6,182,000. Sentinel Pension Advisors Inc. increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 1.1% during the fourth quarter. Sentinel Pension Advisors Inc. now owns 9,124 shares of the company’s stock valued at $1,413,000 after acquiring an additional 100 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in shares of SPDR MSCI USA StrategicFactors ETF by 112.9% during the fourth quarter. Versant Capital Management Inc now owns 16,001 shares of the company’s stock worth $2,478,000 after acquiring an additional 8,487 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.9 %

Shares of SPDR MSCI USA StrategicFactors ETF stock opened at $159.23 on Wednesday. The stock has a fifty day simple moving average of $158.94 and a 200 day simple moving average of $155.91. SPDR MSCI USA StrategicFactors ETF has a 12-month low of $134.77 and a 12-month high of $164.23. The company has a market capitalization of $1.39 billion, a P/E ratio of 25.12 and a beta of 0.83.

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.