SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 12-Month High – Time to Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) hit a new 52-week high on Monday . The stock traded as high as $163.33 and last traded at $163.33, with a volume of 1345 shares. The stock had previously closed at $161.92.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.4 %

The company has a market cap of $1.43 billion, a PE ratio of 25.12 and a beta of 0.83. The firm’s 50-day simple moving average is $158.70 and its two-hundred day simple moving average is $152.61.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of QUS. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 4,768.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 122,252 shares of the company’s stock valued at $18,026,000 after buying an additional 119,741 shares during the period. Raymond James & Associates increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 99.6% during the 3rd quarter. Raymond James & Associates now owns 143,217 shares of the company’s stock valued at $22,564,000 after purchasing an additional 71,474 shares in the last quarter. Eagle Strategies LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 2nd quarter valued at $9,399,000. Sharkey Howes & Javer purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth $6,147,000. Finally, Janney Montgomery Scott LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter valued at $4,943,000.

SPDR MSCI USA StrategicFactors ETF Company 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.