SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 1-Year High – Should You Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $194.70 and last traded at $194.70, with a volume of 286 shares traded. The stock had previously closed at $193.54.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.1%

The company has a 50 day moving average of $187.51 and a 200 day moving average of $181.78. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $40,000. Triumph Capital Management acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter worth approximately $54,000. Empowered Funds LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $94,000. Western Wealth Management LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF during the 1st quarter worth approximately $173,000. Finally, Maia Wealth LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $203,000.

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.