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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as $196.45 and last traded at $196.1540, with a volume of 7,487 shares changing hands. The stock had previously closed at $194.81.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.5%

The stock’s 50-day simple moving average is $193.57 and its 200 day simple moving average is $187.33. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

A number of institutional investors have recently made changes to their positions in the stock. Harbor Investment Advisory LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 0.9% in the 1st quarter. Harbor Investment Advisory LLC now owns 13,484 shares of the company’s stock worth $2,314,000 after acquiring an additional 115 shares during the last quarter. Mather Group LLC. acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at approximately $34,000. Prosperity Consulting Group LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF by 12.5% in the 1st quarter. Prosperity Consulting Group LLC now owns 2,348 shares of the company’s stock valued at $403,000 after purchasing an additional 261 shares during the last quarter. Balance Wealth LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF by 23.3% in the 1st quarter. Balance Wealth LLC now owns 2,590 shares of the company’s stock valued at $445,000 after purchasing an additional 490 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF by 1.8% in the 2nd quarter. NewEdge Advisors LLC now owns 38,014 shares of the company’s stock valued at $7,103,000 after purchasing an additional 659 shares during the last quarter.

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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