American Money Management LLC Has $9.76 Million Holdings in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)

American Money Management LLC boosted its position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 63,016 shares of the company’s stock after acquiring an additional 1,263 shares during the period. SPDR MSCI USA StrategicFactors ETF accounts for 1.9% of American Money Management LLC’s investment portfolio, making the stock its 14th biggest holding. American Money Management LLC owned approximately 0.72% of SPDR MSCI USA StrategicFactors ETF worth $9,758,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Parkworth Wealth Management Inc. acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth about $30,000. Harbour Investments Inc. lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 40.0% during the fourth quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock worth $54,000 after buying an additional 100 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth approximately $162,000. EverSource Wealth Advisors LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $195,000. Finally, Summit X LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $201,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

NYSEARCA:QUS opened at $155.23 on Friday. SPDR MSCI USA StrategicFactors ETF has a one year low of $138.31 and a one year high of $164.23. The company has a fifty day moving average price of $159.52 and a 200 day moving average price of $158.77. The stock has a market cap of $1.43 billion, a P/E ratio of 23.39 and a beta of 0.91.

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.