SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 1-Year High – Here’s Why

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $187.69 and last traded at $187.68, with a volume of 3108 shares. The stock had previously closed at $186.86.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.7%

The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83. The business’s 50-day moving average is $184.08 and its 200-day moving average is $179.00.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several hedge funds and other institutional investors have recently bought and sold shares of QUS. Riverpoint Wealth Management Holdings LLC raised its holdings in SPDR MSCI USA StrategicFactors ETF by 0.8% in the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 8,771 shares of the company’s stock valued at $1,528,000 after buying an additional 71 shares during the period. Kestra Advisory Services LLC lifted its position in SPDR MSCI USA StrategicFactors ETF by 0.4% in the fourth quarter. Kestra Advisory Services LLC now owns 17,690 shares of the company’s stock valued at $3,081,000 after buying an additional 76 shares during the last quarter. Lbmc Investment Advisors LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF by 0.7% during the fourth quarter. Lbmc Investment Advisors LLC now owns 12,449 shares of the company’s stock worth $2,168,000 after buying an additional 82 shares during the period. Harbor Investment Advisory LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF by 0.9% during the first quarter. Harbor Investment Advisory LLC now owns 13,484 shares of the company’s stock worth $2,314,000 after buying an additional 115 shares during the period. Finally, Apollon Financial LLC increased its position in shares of SPDR MSCI USA StrategicFactors ETF by 3.6% during the fourth quarter. Apollon Financial LLC now owns 4,350 shares of the company’s stock valued at $758,000 after acquiring an additional 150 shares during the last quarter.

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.