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

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) reached a new 52-week high during trading on Thursday. The stock traded as high as $197.31 and last traded at $197.2760, with a volume of 3,666 shares changing hands. The stock had previously closed at $196.97.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.2%

The firm has a market capitalization of $1.60 billion, a PE ratio of 22.46 and a beta of 0.83. The stock has a 50-day moving average price of $193.65 and a 200 day moving average price of $187.97.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Howard Capital Management LLC raised its position in SPDR MSCI USA StrategicFactors ETF by 3.2% in the third quarter. Howard Capital Management LLC now owns 208,182 shares of the company’s stock valued at $39,577,000 after purchasing an additional 6,401 shares during the period. Marotta Asset Management grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 9.7% during the 3rd quarter. Marotta Asset Management now owns 93,212 shares of the company’s stock worth $17,721,000 after purchasing an additional 8,247 shares during the period. Paul R. Ried Financial Group LLC grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 3.4% during the 2nd quarter. Paul R. Ried Financial Group LLC now owns 76,485 shares of the company’s stock worth $14,292,000 after purchasing an additional 2,491 shares during the period. Continuum Advisory LLC grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 2.2% during the 2nd quarter. Continuum Advisory LLC now owns 75,092 shares of the company’s stock worth $14,032,000 after purchasing an additional 1,589 shares during the period. Finally, ARQ Wealth Advisors LLC grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 8.6% during the 1st quarter. ARQ Wealth Advisors LLC now owns 42,357 shares of the company’s stock worth $7,270,000 after purchasing an additional 3,339 shares during the period.

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.