SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 12-Month High – What’s Next?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $174.10 and last traded at $173.9840, with a volume of 17022 shares changing hands. The stock had previously closed at $173.35.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The company has a market capitalization of $1.54 billion, a PE ratio of 22.46 and a beta of 0.89. The firm’s 50-day simple moving average is $170.51 and its 200 day simple moving average is $164.63.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Private Advisor Group LLC lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 23.0% during the 1st quarter. Private Advisor Group LLC now owns 405,312 shares of the company’s stock valued at $63,509,000 after acquiring an additional 75,842 shares during the period. ARQ Wealth Advisors LLC increased its stake in SPDR MSCI USA StrategicFactors ETF by 16.5% in the 1st quarter. ARQ Wealth Advisors LLC now owns 33,953 shares of the company’s stock valued at $5,320,000 after purchasing an additional 4,820 shares in the last quarter. AE Wealth Management LLC raised its holdings in SPDR MSCI USA StrategicFactors ETF by 750.0% during the first quarter. AE Wealth Management LLC now owns 408 shares of the company’s stock worth $64,000 after purchasing an additional 360 shares during the last quarter. Cetera Investment Advisers boosted its position in SPDR MSCI USA StrategicFactors ETF by 15.1% during the first quarter. Cetera Investment Advisers now owns 8,567 shares of the company’s stock worth $1,342,000 after purchasing an additional 1,124 shares in the last quarter. Finally, LPL Financial LLC boosted its position in SPDR MSCI USA StrategicFactors ETF by 7.9% during the first quarter. LPL Financial LLC now owns 291,026 shares of the company’s stock worth $45,601,000 after purchasing an additional 21,278 shares in the last quarter.

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.