SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 52-Week High – Still a Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) reached a new 52-week high on Thursday . The company traded as high as $184.87 and last traded at $184.87, with a volume of 5517 shares trading hands. The stock had previously closed at $184.65.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.1%

The stock has a 50-day simple moving average of $177.43 and a two-hundred day simple moving average of $176.16. The firm has a market cap of $1.51 billion, a PE ratio of 22.46 and a beta of 0.84.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

Large investors have recently added to or reduced their stakes in the company. MMA Asset Management LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter valued at about $29,000. Cornerstone Planning Group LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter worth about $38,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter worth about $40,000. Triumph Capital Management purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter worth about $54,000. Finally, Empowered Funds LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth about $94,000.

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.