SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 1-Year High – Here’s Why

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price reached a new 52-week high on Tuesday . The company traded as high as $188.92 and last traded at $188.74, with a volume of 14068 shares trading hands. The stock had previously closed at $188.53.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The company has a market cap of $1.54 billion, a PE ratio of 22.46 and a beta of 0.83. The company’s 50 day moving average price is $184.42 and its 200-day moving average price is $179.21.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

A number of large investors have recently bought and sold shares of the company. Western Wealth Management LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the first quarter worth $173,000. Midwest Financial Network LLC lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 81.3% during the 1st quarter. Midwest Financial Network LLC now owns 21,689 shares of the company’s stock valued at $3,723,000 after buying an additional 9,725 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 2.3% during the 1st quarter. NewEdge Advisors LLC now owns 37,355 shares of the company’s stock valued at $6,412,000 after buying an additional 823 shares during the last quarter. January Capital Advisors LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 1st quarter worth $506,000. Finally, Paul R. Ried Financial Group LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 4.4% during the 1st quarter. Paul R. Ried Financial Group LLC now owns 73,994 shares of the company’s stock worth $12,700,000 after acquiring an additional 3,133 shares during the period.

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.