Howard Capital Management Inc. Purchases 22,548 Shares of SPDR MSCI USA StrategicFactors ETF $QUS

Howard Capital Management Inc. boosted its position in shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) by 53.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 64,821 shares of the company’s stock after purchasing an additional 22,548 shares during the period. Howard Capital Management Inc. owned about 0.73% of SPDR MSCI USA StrategicFactors ETF worth $11,097,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QUS. Sfmg LLC raised its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.4% in the second quarter. Sfmg LLC now owns 519,412 shares of the company’s stock valued at $84,711,000 after acquiring an additional 2,122 shares during the last quarter. Bank of America Corp DE increased its holdings in SPDR MSCI USA StrategicFactors ETF by 94.7% during the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock valued at $64,390,000 after purchasing an additional 192,062 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR MSCI USA StrategicFactors ETF by 11.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 376,207 shares of the company’s stock valued at $61,356,000 after purchasing an additional 37,625 shares in the last quarter. Perennial Investment Advisors LLC raised its position in SPDR MSCI USA StrategicFactors ETF by 12.4% in the 2nd quarter. Perennial Investment Advisors LLC now owns 244,173 shares of the company’s stock valued at $39,822,000 after purchasing an additional 27,022 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in SPDR MSCI USA StrategicFactors ETF by 6.9% in the second 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 in the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Performance

Shares of QUS stock opened at $177.33 on Friday. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $137.58 and a 52 week high of $177.99. The stock has a market capitalization of $1.57 billion, a PE ratio of 22.46 and a beta of 0.89. The stock’s fifty day moving average is $175.06 and its 200-day moving average is $170.69.

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.