McKinney Capital Management LLC Purchases 7,547 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

McKinney Capital Management LLC boosted its position in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 7.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 111,132 shares of the company’s stock after acquiring an additional 7,547 shares during the quarter. SPDR MSCI USA StrategicFactors ETF accounts for 7.8% of McKinney Capital Management LLC’s holdings, making the stock its 2nd largest holding. McKinney Capital Management LLC’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $21,127,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Valmark Advisers Inc. bought a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth $271,000. Fisher Asset Management LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $404,000. King Luther Capital Management Corp acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $851,000. NBH Bank bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $132,000. Finally, Lido Advisors LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $411,000.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.1%

Shares of QUS traded up $0.23 during midday trading on Friday, hitting $198.65. The company’s stock had a trading volume of 8,901 shares, compared to its average volume of 23,102. SPDR MSCI USA StrategicFactors ETF has a one year low of $167.85 and a one year high of $200.24. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 23.30 and a beta of 0.82. The company’s fifty day simple moving average is $194.35 and its two-hundred day simple moving average is $186.12.

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.