SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 52-Week High – What’s Next?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $183.35 and last traded at $183.35, with a volume of 9585 shares changing hands. The stock had previously closed at $183.03.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.7%

The stock has a market capitalization of $1.49 billion, a PE ratio of 22.46 and a beta of 0.84. The stock’s 50 day moving average price is $176.95 and its 200-day moving average price is $175.84.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

A number of institutional investors have recently bought and sold shares of QUS. Riverpoint Wealth Management Holdings LLC lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 0.8% in the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 8,771 shares of the company’s stock valued at $1,528,000 after acquiring an additional 71 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in shares of SPDR MSCI USA StrategicFactors ETF by 5.4% during the third quarter. B. Riley Wealth Advisors Inc. now owns 1,461 shares of the company’s stock worth $250,000 after purchasing an additional 75 shares in the last quarter. Kestra Advisory Services LLC raised its stake in SPDR MSCI USA StrategicFactors ETF by 0.4% during the 4th quarter. Kestra Advisory Services LLC now owns 17,690 shares of the company’s stock valued at $3,081,000 after purchasing an additional 76 shares during the period. Collaborative Wealth Managment Inc. raised its stake in SPDR MSCI USA StrategicFactors ETF by 4.0% during the 3rd quarter. Collaborative Wealth Managment Inc. now owns 2,107 shares of the company’s stock valued at $361,000 after purchasing an additional 82 shares during the period. Finally, Lbmc Investment Advisors LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 0.7% in the 4th quarter. Lbmc Investment Advisors LLC now owns 12,449 shares of the company’s stock worth $2,168,000 after purchasing an additional 82 shares in 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.