SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Strong Trading Volume – Time to Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw strong trading volume on Thursday . 62,404 shares were traded during trading, an increase of 160% from the previous session’s volume of 24,026 shares.The stock last traded at $143.94 and had previously closed at $151.03.

SPDR MSCI USA StrategicFactors ETF Trading Up 1.7 %

The business’s fifty day moving average is $156.82 and its two-hundred day moving average is $158.20. The company has a market capitalization of $1.38 billion, a PE ratio of 23.39 and a beta of 0.91.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Several large investors have recently modified their holdings of QUS. Princeton Global Asset Management LLC grew its holdings in SPDR MSCI USA StrategicFactors ETF by 0.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 10,957 shares of the company’s stock valued at $1,697,000 after purchasing an additional 77 shares during the last quarter. Riverpoint Wealth Management Holdings LLC boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 0.9% during the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 9,649 shares of the company’s stock valued at $1,494,000 after buying an additional 82 shares during the period. Lbmc Investment Advisors LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.7% during the fourth quarter. Lbmc Investment Advisors LLC now owns 12,305 shares of the company’s stock valued at $1,905,000 after buying an additional 86 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 3.9% during the third quarter. Captrust Financial Advisors now owns 2,455 shares of the company’s stock valued at $387,000 after buying an additional 92 shares during the last quarter. Finally, Sentinel Pension Advisors Inc. raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 1.1% in the fourth quarter. Sentinel Pension Advisors Inc. now owns 9,124 shares of the company’s stock worth $1,413,000 after buying an additional 100 shares during the period.

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.