Janney Montgomery Scott LLC Takes $4.94 Million Position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Janney Montgomery Scott LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 31,375 shares of the company’s stock, valued at approximately $4,943,000.

Several other institutional investors have also recently made changes to their positions in QUS. Fayez Sarofim & Co purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the first quarter valued at $575,000. Mount Yale Investment Advisors LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 1st quarter worth about $29,776,000. B. Riley Wealth Advisors Inc. raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 27.0% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 2,169 shares of the company’s stock valued at $316,000 after buying an additional 461 shares in the last quarter. ARQ Wealth Advisors LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 114.4% in the 1st quarter. ARQ Wealth Advisors LLC now owns 7,847 shares of the company’s stock valued at $1,143,000 after acquiring an additional 4,187 shares during the last quarter. Finally, Lynx Investment Advisory purchased a new position in SPDR MSCI USA StrategicFactors ETF in the second quarter worth about $278,000.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.5 %

Shares of QUS opened at $162.34 on Friday. The business has a fifty day moving average of $157.02 and a 200 day moving average of $150.90. The company has a market cap of $1.42 billion, a PE ratio of 25.12 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 52-week low of $122.20 and a 52-week high of $162.68.

SPDR MSCI USA StrategicFactors ETF 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.