Northwestern Mutual Wealth Management Co. Raises Stock Position in SPDR MSCI USA StrategicFactors ETF $QUS

Northwestern Mutual Wealth Management Co. raised its stake in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 1,414.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,514 shares of the company’s stock after purchasing an additional 3,282 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $612,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF during the 1st quarter valued at about $275,000. NewEdge Advisors LLC raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 7.1% in the 2nd quarter. NewEdge Advisors LLC now owns 36,337 shares of the company’s stock worth $5,926,000 after purchasing an additional 2,405 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 31.9% in the 2nd quarter. Raymond James Financial Inc. now owns 140,287 shares of the company’s stock worth $22,879,000 after purchasing an additional 33,967 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 6.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 180,293 shares of the company’s stock worth $29,401,000 after purchasing an additional 11,667 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 94.7% in the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after purchasing an additional 192,062 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Price Performance

QUS opened at $184.04 on Wednesday. The stock has a 50-day moving average price of $180.94 and a 200-day moving average price of $177.54. The firm has a market cap of $1.50 billion, a PE ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 1 year low of $157.69 and a 1 year high of $187.29.

SPDR MSCI USA StrategicFactors ETF Company 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.