SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Reaches New 12-Month High – Here’s Why

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $186.78 and last traded at $186.56, with a volume of 18469 shares traded. The stock had previously closed at $186.39.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.3%

The stock has a market capitalization of $1.52 billion, a PE ratio of 22.46 and a beta of 0.84. The company has a 50-day moving average of $178.75 and a 200 day moving average of $176.80.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several large investors have recently made changes to their positions in QUS. Empowered Funds LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the first quarter worth $275,000. NewEdge Advisors LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF by 7.1% during the second quarter. NewEdge Advisors LLC now owns 36,337 shares of the company’s stock worth $5,926,000 after buying an additional 2,405 shares during the last quarter. Raymond James Financial Inc. boosted its stake in SPDR MSCI USA StrategicFactors ETF by 31.9% during the second quarter. Raymond James Financial Inc. now owns 140,287 shares of the company’s stock worth $22,879,000 after buying an additional 33,967 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR MSCI USA StrategicFactors ETF by 6.9% during the second quarter. Ameriprise Financial Inc. now owns 180,293 shares of the company’s stock worth $29,401,000 after buying an additional 11,667 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in SPDR MSCI USA StrategicFactors ETF by 94.7% during the second quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after buying an additional 192,062 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.