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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price reached a new 52-week low on Monday . The company traded as low as $137.58 and last traded at $137.87, with a volume of 4364 shares trading hands. The stock had previously closed at $143.62.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The company has a market cap of $1.31 billion, a PE ratio of 23.39 and a beta of 0.91. The company’s 50 day moving average price is $158.90 and its 200-day moving average price is $158.75.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

A number of large investors have recently bought and sold shares of the company. Marotta Asset Management grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 6.6% during the 1st quarter. Marotta Asset Management now owns 58,316 shares of the company’s stock worth $9,188,000 after acquiring an additional 3,612 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 2.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 128,063 shares of the company’s stock valued at $19,831,000 after purchasing an additional 3,660 shares during the last quarter. Wood Tarver Financial Group LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at about $25,000. ARQ Wealth Advisors LLC boosted its position in SPDR MSCI USA StrategicFactors ETF by 11.4% during the fourth quarter. ARQ Wealth Advisors LLC now owns 29,133 shares of the company’s stock worth $4,511,000 after purchasing an additional 2,992 shares during the period. Finally, Continuum Advisory LLC increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 1.3% in the fourth quarter. Continuum Advisory LLC now owns 75,889 shares of the company’s stock worth $11,751,000 after purchasing an additional 974 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.