King Luther Capital Management Corp Sells 105 Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

King Luther Capital Management Corp lessened its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,204 shares of the company’s stock after selling 105 shares during the quarter. King Luther Capital Management Corp’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $806,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Independent Advisor Alliance bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth about $991,000. Opulen Financial Group LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth approximately $518,000. Raymond James Financial Inc. bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth approximately $22,880,000. Garrett Wealth Advisory Group LLC grew its position in shares of SPDR MSCI USA StrategicFactors ETF by 9.9% in the 4th quarter. Garrett Wealth Advisory Group LLC now owns 171,138 shares of the company’s stock worth $26,501,000 after buying an additional 15,378 shares during the last quarter. Finally, Sharkey Howes & Javer increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 14.2% during the fourth quarter. Sharkey Howes & Javer now owns 44,539 shares of the company’s stock valued at $6,897,000 after buying an additional 5,523 shares during the period.

SPDR MSCI USA StrategicFactors ETF Stock Down 1.0 %

Shares of QUS stock opened at $152.57 on Friday. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 23.16 and a beta of 0.91. The stock has a fifty day moving average of $159.28 and a 200 day moving average of $158.55. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $138.31 and a 52 week high of $164.23.

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.