Royal Fund Management LLC Decreases Stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Royal Fund Management LLC cut its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 52.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,357 shares of the company’s stock after selling 3,737 shares during the quarter. Royal Fund Management LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $521,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. lifted its stake in SPDR MSCI USA StrategicFactors ETF by 61.9% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 348 shares of the company’s stock valued at $55,000 after acquiring an additional 133 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the second quarter valued at $62,000. Warren Street Wealth Advisors LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the third quarter valued at $202,000. Valmark Advisers Inc. purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at $211,000. Finally, Blair William & Co. IL grew its position in SPDR MSCI USA StrategicFactors ETF by 188.1% during the 2nd quarter. Blair William & Co. IL now owns 1,772 shares of the company’s stock worth $261,000 after purchasing an additional 1,157 shares during the period.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.9 %

Shares of QUS stock opened at $159.23 on Wednesday. SPDR MSCI USA StrategicFactors ETF has a 52-week low of $134.77 and a 52-week high of $164.23. The stock has a market cap of $1.39 billion, a PE ratio of 25.12 and a beta of 0.83. The business has a 50-day simple moving average of $158.94 and a 200-day simple moving average of $155.91.

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.