Riverpoint Wealth Management Holdings LLC Purchases Shares of 10,032 SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Riverpoint Wealth Management Holdings LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) in the 4th quarter, Holdings Channel.com reports. The firm purchased 10,032 shares of the company’s stock, valued at approximately $1,325,000. SPDR MSCI USA StrategicFactors ETF makes up approximately 0.4% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 24th biggest holding.

Several other institutional investors have also added to or reduced their stakes in the company. Authentikos Wealth Advisory LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter worth approximately $39,000. Blair William & Co. IL purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter worth approximately $74,000. CKW Financial Group bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $84,000. Valley National Advisers Inc. bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $154,000. Finally, First Horizon Advisors Inc. lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 13.4% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,410 shares of the company’s stock worth $170,000 after acquiring an additional 167 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.3 %

Shares of QUS stock traded down $0.45 on Wednesday, reaching $139.17. 12,144 shares of the company’s stock were exchanged, compared to its average volume of 28,720. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $114.97 and a 52 week high of $145.77. The stock has a market capitalization of $1.24 billion, a PE ratio of 24.16 and a beta of 0.84. The company’s fifty day simple moving average is $142.07 and its 200 day simple moving average is $134.03.

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.