SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Unusually-High Trading Volume

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares saw an uptick in trading volume on Thursday . 131,469 shares traded hands during mid-day trading, an increase of 328% from the previous session’s volume of 30,692 shares.The stock last traded at $151.51 and had previously closed at $151.95.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.7 %

The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. The stock’s 50 day moving average is $146.98 and its 200 day moving average is $141.98.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

Hedge funds have recently modified their holdings of the company. Raymond James & Associates boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 4,401.9% in the fourth quarter. Raymond James & Associates now owns 75,812 shares of the company’s stock worth $10,016,000 after acquiring an additional 74,128 shares during the last quarter. Sandy Spring Bank acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth approximately $1,216,000. Princeton Global Asset Management LLC boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 5.7% in the fourth quarter. Princeton Global Asset Management LLC now owns 9,811 shares of the company’s stock worth $1,296,000 after acquiring an additional 530 shares during the last quarter. Blackston Financial Advisory Group LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth approximately $683,000. Finally, Epic Trust Investment Advisors LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth approximately $507,000.

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.