Short Interest in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Declines By 50.6%

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,100 shares, adropof50.6% from the July 15th total of 8,300 shares. Based on an average daily volume of 29,700 shares, the short-interest ratio is currently 0.1 days. Currently,0.0% of the shares of the company are short sold. Currently,0.0% of the shares of the company are short sold. Based on an average daily volume of 29,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its position in SPDR MSCI USA StrategicFactors ETF by 3.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 132,070 shares of the company’s stock worth $20,694,000 after buying an additional 4,007 shares during the last quarter. Quantinno Capital Management LP purchased a new position in SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth $6,405,000. Golden State Wealth Management LLC raised its position in SPDR MSCI USA StrategicFactors ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 308 shares of the company’s stock worth $48,000 after buying an additional 154 shares during the last quarter. Cetera Investment Advisers raised its position in SPDR MSCI USA StrategicFactors ETF by 4.6% during the 4th quarter. Cetera Investment Advisers now owns 7,443 shares of the company’s stock worth $1,153,000 after buying an additional 329 shares during the last quarter. Finally, LPL Financial LLC raised its position in SPDR MSCI USA StrategicFactors ETF by 7.9% during the 1st quarter. LPL Financial LLC now owns 291,026 shares of the company’s stock worth $45,601,000 after buying an additional 21,278 shares during the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Performance

NYSEARCA QUS opened at $165.74 on Tuesday. The firm’s fifty day moving average is $162.74 and its two-hundred day moving average is $158.59. SPDR MSCI USA StrategicFactors ETF has a one year low of $137.58 and a one year high of $166.16. The firm has a market cap of $1.57 billion, a PE ratio of 22.46 and a beta of 0.92.

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.