6,400 Shares in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Purchased by Independent Advisor Alliance

Independent Advisor Alliance acquired a new stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 6,400 shares of the company’s stock, valued at approximately $991,000.

Several other large investors also recently added to or reduced their stakes in the stock. Opulen Financial Group LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth approximately $518,000. Raymond James Financial Inc. acquired a new position in SPDR MSCI USA StrategicFactors ETF during the 4th quarter valued at approximately $22,880,000. Garrett Wealth Advisory Group LLC increased its stake in SPDR MSCI USA StrategicFactors ETF by 9.9% during the 4th quarter. Garrett Wealth Advisory Group LLC now owns 171,138 shares of the company’s stock valued at $26,501,000 after purchasing an additional 15,378 shares in the last quarter. Sharkey Howes & Javer increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 14.2% in the fourth quarter. Sharkey Howes & Javer now owns 44,539 shares of the company’s stock worth $6,897,000 after acquiring an additional 5,523 shares during the period. Finally, Private Trust Co. NA increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 16.7% in the fourth quarter. Private Trust Co. NA now owns 3,496 shares of the company’s stock worth $541,000 after acquiring an additional 500 shares during the period.

SPDR MSCI USA StrategicFactors ETF Price Performance

NYSEARCA:QUS opened at $155.16 on Friday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 23.16 and a beta of 0.91. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $138.31 and a 1-year high of $164.23. The company’s fifty day moving average price is $159.27 and its 200-day moving average price is $158.57.

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.