SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 52-Week High – Here’s Why

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) hit a new 52-week high on Monday . The stock traded as high as $177.69 and last traded at $177.76, with a volume of 1170 shares. The stock had previously closed at $176.79.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.1%

The firm has a 50 day moving average price of $174.74 and a 200-day moving average price of $170.54. The firm has a market cap of $1.57 billion, a PE ratio of 22.46 and a beta of 0.89.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 1st quarter valued at approximately $275,000. Janney Montgomery Scott LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 54.1% during the second quarter. Janney Montgomery Scott LLC now owns 20,505 shares of the company’s stock worth $3,344,000 after purchasing an additional 7,200 shares in the last quarter. Presper Financial Architects LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the second quarter worth $29,147,000. Parsons Capital Management Inc. RI increased its holdings in SPDR MSCI USA StrategicFactors ETF by 14.0% in the second quarter. Parsons Capital Management Inc. RI now owns 28,061 shares of the company’s stock valued at $4,576,000 after buying an additional 3,452 shares during the last quarter. Finally, Vicus Capital raised its stake in SPDR MSCI USA StrategicFactors ETF by 2.0% in the second quarter. Vicus Capital now owns 4,627 shares of the company’s stock valued at $755,000 after buying an additional 91 shares in the last quarter.

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.