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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $190.53 and last traded at $190.53, with a volume of 779 shares changing hands. The stock had previously closed at $189.38.

SPDR MSCI USA StrategicFactors ETF Price Performance

The firm has a market cap of $1.54 billion, a PE ratio of 22.46 and a beta of 0.83. The business’s 50 day moving average price is $186.47 and its 200 day moving average price is $180.92.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Sfmg LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF by 0.6% during the 4th quarter. Sfmg LLC now owns 527,047 shares of the company’s stock worth $91,804,000 after purchasing an additional 3,069 shares during the last quarter. Bank of America Corp DE raised its position in shares of SPDR MSCI USA StrategicFactors ETF by 94.7% in the second quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock valued at $64,390,000 after buying an additional 192,062 shares during the last quarter. LPL Financial LLC lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 7.6% in the fourth quarter. LPL Financial LLC now owns 333,050 shares of the company’s stock worth $58,012,000 after buying an additional 23,402 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 6.9% in the second quarter. Ameriprise Financial Inc. now owns 180,293 shares of the company’s stock worth $29,401,000 after buying an additional 11,667 shares in the last quarter. Finally, Garrett Wealth Advisory Group LLC lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 2.3% in the fourth quarter. Garrett Wealth Advisory Group LLC now owns 178,546 shares of the company’s stock worth $31,100,000 after buying an additional 4,057 shares in the last quarter.

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.