SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Unusually-High Trading Volume – Here’s Why

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-high trading volume on Thursday . Approximately 53,012 shares traded hands during mid-day trading, an increase of 129% from the previous session’s volume of 23,142 shares.The stock last traded at $156.87 and had previously closed at $156.79.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.2 %

The company’s 50 day moving average is $159.40 and its two-hundred day moving average is $158.58. The company has a market capitalization of $1.41 billion, a PE ratio of 23.16 and a beta of 0.91.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

A number of institutional investors have recently modified their holdings of the business. Wood Tarver Financial Group LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter worth approximately $25,000. Parkworth Wealth Management Inc. acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $30,000. Harbour Investments Inc. raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 40.0% in the fourth quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock worth $54,000 after acquiring an additional 100 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 1,215.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 500 shares of the company’s stock valued at $77,000 after purchasing an additional 462 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at approximately $162,000.

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.