Howard Capital Management Inc. Has $11.10 Million Position in SPDR MSCI USA StrategicFactors ETF $QUS

Howard Capital Management Inc. increased its stake in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 53.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 64,821 shares of the company’s stock after acquiring an additional 22,548 shares during the period. Howard Capital Management Inc.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $11,097,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. AE Wealth Management LLC raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 38.5% during the second quarter. AE Wealth Management LLC now owns 565 shares of the company’s stock worth $92,000 after acquiring an additional 157 shares during the last quarter. IFP Advisors Inc raised its holdings in SPDR MSCI USA StrategicFactors ETF by 10.5% during the 2nd quarter. IFP Advisors Inc now owns 1,216 shares of the company’s stock worth $198,000 after purchasing an additional 116 shares during the last quarter. Clark Asset Management LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at about $202,000. Blair William & Co. IL boosted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 8.1% in the 2nd quarter. Blair William & Co. IL now owns 1,251 shares of the company’s stock valued at $204,000 after purchasing an additional 94 shares during the last quarter. Finally, Wedmont Private Capital acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $205,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

Shares of NYSEARCA QUS opened at $177.33 on Friday. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $137.58 and a fifty-two week high of $177.99. The firm has a market capitalization of $1.57 billion, a P/E ratio of 22.46 and a beta of 0.89. The company’s 50 day simple moving average is $175.06 and its 200 day simple moving average is $170.69.

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.