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

Riverpoint Wealth Management Holdings LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,032 shares of the company’s stock, valued at approximately $1,325,000. SPDR MSCI USA StrategicFactors ETF comprises about 0.4% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 24th biggest position. Riverpoint Wealth Management Holdings LLC owned approximately 0.13% of SPDR MSCI USA StrategicFactors ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Authentikos Wealth Advisory LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $39,000. Blair William & Co. IL acquired a new position in SPDR MSCI USA StrategicFactors ETF during the third quarter worth $74,000. CKW Financial Group acquired a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $84,000. Valley National Advisers Inc. acquired a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $154,000. Finally, First Horizon Advisors Inc. boosted its position in SPDR MSCI USA StrategicFactors ETF by 13.4% during the third quarter. First Horizon Advisors Inc. now owns 1,410 shares of the company’s stock worth $170,000 after purchasing an additional 167 shares during the period.

SPDR MSCI USA StrategicFactors ETF Price Performance

QUS stock traded down $0.45 during midday trading on Wednesday, reaching $139.17. 12,144 shares of the company were exchanged, compared to its average volume of 28,720. The business has a 50-day moving average price of $142.07 and a two-hundred day moving average price of $134.03. SPDR MSCI USA StrategicFactors ETF has a one year low of $114.97 and a one year high of $145.77. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 24.16 and a beta of 0.84.

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.