Marotta Asset Management lowered its position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Free Report) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,704 shares of the company’s stock after selling 3,612 shares during the quarter. SPDR MSCI USA StrategicFactors ETF accounts for about 1.8% of Marotta Asset Management’s holdings, making the stock its 15th largest position. Marotta Asset Management owned approximately 0.63% of SPDR MSCI USA StrategicFactors ETF worth $8,462,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Raymond James & Associates raised its stake in SPDR MSCI USA StrategicFactors ETF by 99.6% during the 3rd quarter. Raymond James & Associates now owns 143,217 shares of the company’s stock valued at $22,564,000 after purchasing an additional 71,474 shares during the period. Eagle Strategies LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the second quarter valued at $9,399,000. Sharkey Howes & Javer purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter worth about $6,147,000. Janney Montgomery Scott LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter worth about $4,943,000. Finally, AlTi Global Inc. acquired a new stake in SPDR MSCI USA StrategicFactors ETF during the 2nd quarter worth about $3,668,000.
SPDR MSCI USA StrategicFactors ETF Stock Down 1.0 %
Shares of QUS traded down $1.63 during trading hours on Friday, reaching $153.84. The company’s stock had a trading volume of 1,334 shares, compared to its average volume of 29,671. The company has a 50 day moving average of $159.41 and a two-hundred day moving average of $155.41. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $131.61 and a 1-year 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.
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