Level Four Advisory Services LLC Cuts Stock Position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

Level Four Advisory Services LLC decreased its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUSFree Report) by 2.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,066 shares of the company’s stock after selling 333 shares during the quarter. Level Four Advisory Services LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $1,714,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in QUS. Mount Yale Investment Advisors LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at approximately $37,280,000. Raymond James Financial Inc. bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth $22,880,000. Paul R. Ried Financial Group LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth $9,151,000. Hughes Financial Services LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at $7,285,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at $6,182,000.

SPDR MSCI USA StrategicFactors ETF Stock Performance

NYSEARCA QUS opened at $155.23 on Friday. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 23.39 and a beta of 0.91. The stock has a 50-day moving average of $159.52 and a 200 day moving average of $158.77. SPDR MSCI USA StrategicFactors ETF has a one year low of $138.31 and a one year high of $164.23.

About SPDR MSCI USA StrategicFactors ETF

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

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