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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price reached a new 52-week high on Friday . The stock traded as high as $174.61 and last traded at $174.2990, with a volume of 497 shares trading hands. The stock had previously closed at $173.59.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 22.46 and a beta of 0.89. The business has a 50-day moving average of $171.66 and a 200-day moving average of $166.41.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in QUS. MMA Asset Management LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth approximately $29,000. Cornerstone Planning Group LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $38,000. Northwestern Mutual Wealth Management Co. purchased a new position in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth $40,000. Knuff & Co LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 1st quarter worth $48,000. Finally, SouthState Corp acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter worth about $48,000.

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.