SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Large Volume Increase – Here’s What Happened

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-strong trading volume on Friday . Approximately 39,706 shares changed hands during trading, an increase of 58% from the previous session’s volume of 25,126 shares.The stock last traded at $194.5640 and had previously closed at $193.96.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.5%

The firm’s 50-day simple moving average is $191.10 and its 200 day simple moving average is $183.79. The stock has a market capitalization of $1.58 billion, a P/E 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 business. Northwestern Mutual Wealth Management Co. purchased a new position in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at about $40,000. Triumph Capital Management bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth about $54,000. Empowered Funds LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at about $94,000. Western Wealth Management LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter valued at approximately $173,000. Finally, Maia Wealth LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $203,000.

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.