Essex Financial Services Inc. Acquires 1,965 Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Essex Financial Services Inc. increased its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 11.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,729 shares of the company’s stock after buying an additional 1,965 shares during the period. Essex Financial Services Inc.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $2,900,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in QUS. Sanctuary Advisors LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the second quarter worth $494,000. Concourse Financial Group Securities Inc. boosted its stake in SPDR MSCI USA StrategicFactors ETF by 61.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 348 shares of the company’s stock worth $55,000 after purchasing an additional 133 shares in the last quarter. NBC Securities Inc. grew its position in SPDR MSCI USA StrategicFactors ETF by 35.1% during the 3rd quarter. NBC Securities Inc. now owns 4,811 shares of the company’s stock valued at $757,000 after purchasing an additional 1,251 shares during the last quarter. Raymond James & Associates increased 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 in the last quarter. Finally, Warren Street Wealth Advisors LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF in the third quarter worth about $202,000.

SPDR MSCI USA StrategicFactors ETF Stock Performance

Shares of NYSEARCA QUS opened at $161.79 on Tuesday. The company has a market cap of $1.41 billion, a PE ratio of 25.12 and a beta of 0.83. The firm’s 50 day moving average price is $158.76 and its 200-day moving average price is $156.96. SPDR MSCI USA StrategicFactors ETF has a 52-week low of $136.27 and a 52-week high of $164.23.

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.