SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Strong Trading Volume – What’s Next?

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-high trading volume on Monday . Approximately 18,790 shares were traded during mid-day trading, a decline of 31% from the previous session’s volume of 27,208 shares.The stock last traded at $161.64 and had previously closed at $161.98.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.2 %

The company has a fifty day simple moving average of $158.72 and a 200 day simple moving average of $157.06. The firm has a market capitalization of $1.41 billion, a P/E ratio of 25.12 and a beta of 0.83.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Mount Yale Investment Advisors LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $37,280,000. Raymond James Financial Inc. purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $22,880,000. Raymond James & Associates raised its stake in shares of SPDR MSCI USA StrategicFactors ETF by 99.6% in the third quarter. Raymond James & Associates now owns 143,217 shares of the company’s stock worth $22,564,000 after purchasing an additional 71,474 shares during the last quarter. Paul R. Ried Financial Group LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $9,151,000. Finally, Hughes Financial Services LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $7,285,000.

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.