TFC Financial Management Inc. Acquires 1,125 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

TFC Financial Management Inc. raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 94.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,318 shares of the company’s stock after acquiring an additional 1,125 shares during the quarter. TFC Financial Management Inc.’s holdings in SPDR MSCI USA StrategicFactors ETF were worth $378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in QUS. Golden State Wealth Management LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 308 shares of the company’s stock worth $48,000 after buying an additional 154 shares in the last quarter. SouthState Corp purchased a new position in SPDR MSCI USA StrategicFactors ETF during the first quarter worth about $48,000. Knuff & Co LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF during the first quarter worth about $48,000. AE Wealth Management LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 750.0% during the first quarter. AE Wealth Management LLC now owns 408 shares of the company’s stock worth $64,000 after buying an additional 360 shares in the last quarter. Finally, CENTRAL TRUST Co purchased a new position in SPDR MSCI USA StrategicFactors ETF during the first quarter worth about $99,000.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.8%

SPDR MSCI USA StrategicFactors ETF stock opened at $169.13 on Friday. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $137.58 and a 52 week high of $172.83. The business has a 50-day simple moving average of $168.40 and a 200 day simple moving average of $161.47. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of 22.46 and a beta of 0.92.

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.