SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Reaches New 52-Week High – Still a Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUSGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $190.53 and last traded at $190.53, with a volume of 779 shares. The stock had previously closed at $189.38.

SPDR MSCI USA StrategicFactors ETF Stock Up 1.4%

The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83. The stock’s 50-day simple moving average is $186.70 and its two-hundred day simple moving average is $181.14.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $40,000. Triumph Capital Management acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $54,000. Empowered Funds LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $94,000. Western Wealth Management LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 1st quarter worth $173,000. Finally, Maia Wealth LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $203,000.

About SPDR MSCI USA StrategicFactors ETF

(Get Free Report)

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.

Further Reading

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