SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Reaches New 1-Year High – What’s Next?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $189.83 and last traded at $189.83, with a volume of 817 shares. The stock had previously closed at $188.28.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The firm has a 50-day moving average price of $186.33 and a two-hundred day moving average price of $180.76. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sfmg LLC increased its stake in SPDR MSCI USA StrategicFactors ETF by 0.6% in the fourth quarter. Sfmg LLC now owns 527,047 shares of the company’s stock valued at $91,804,000 after purchasing an additional 3,069 shares during the last quarter. Bank of America Corp DE grew its holdings in SPDR MSCI USA StrategicFactors ETF by 94.7% in the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock valued at $64,390,000 after buying an additional 192,062 shares during the period. LPL Financial LLC grew its holdings in SPDR MSCI USA StrategicFactors ETF by 7.6% in the 4th quarter. LPL Financial LLC now owns 333,050 shares of the company’s stock valued at $58,012,000 after buying an additional 23,402 shares during the period. Ameriprise Financial Inc. increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 180,293 shares of the company’s stock valued at $29,401,000 after acquiring an additional 11,667 shares during the last quarter. Finally, Garrett Wealth Advisory Group LLC increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 2.3% during the 4th quarter. Garrett Wealth Advisory Group LLC now owns 178,546 shares of the company’s stock valued at $31,100,000 after acquiring an additional 4,057 shares during the last quarter.

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.