SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Reaches New 52-Week High – Should You Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) reached a new 52-week high during trading on Friday. The stock traded as high as $197.62 and last traded at $197.58, with a volume of 157 shares trading hands. The stock had previously closed at $196.44.

SPDR MSCI USA StrategicFactors ETF Price Performance

The firm has a fifty day moving average of $193.85 and a 200 day moving average of $185.00. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Large investors have recently modified their holdings of the business. Mather Group LLC. acquired a new position in SPDR MSCI USA StrategicFactors ETF during the third quarter worth $34,000. Western Wealth Management LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF in the 1st quarter valued at about $173,000. B. Riley Wealth Advisors Inc. purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $235,000. Carnegie Investment Counsel purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $304,000. Finally, Perryman Financial Advisory Inc. AD purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $313,000.

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.