SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 12-Month High – Here’s Why

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares reached a new 52-week high during trading on Thursday . The company traded as high as $174.68 and last traded at $174.6190, with a volume of 9132 shares changing hands. The stock had previously closed at $173.29.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The firm has a 50-day moving average price of $171.83 and a two-hundred day moving average price of $166.86. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 22.46 and a beta of 0.89.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several institutional investors have recently modified their holdings of the stock. Focus Partners Wealth boosted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 3.7% in the 3rd quarter. Focus Partners Wealth now owns 2,060,903 shares of the company’s stock valued at $352,923,000 after buying an additional 74,333 shares in the last quarter. Sfmg LLC raised its stake in SPDR MSCI USA StrategicFactors ETF by 0.4% during the 2nd quarter. Sfmg LLC now owns 519,412 shares of the company’s stock worth $84,711,000 after acquiring an additional 2,122 shares in the last quarter. Bank of America Corp DE lifted its position in 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 acquiring an additional 192,062 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR MSCI USA StrategicFactors ETF by 11.1% in the second quarter. Envestnet Asset Management Inc. now owns 376,207 shares of the company’s stock valued at $61,356,000 after acquiring an additional 37,625 shares during the last quarter. Finally, Perennial Investment Advisors LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF by 8.1% in the third quarter. Perennial Investment Advisors LLC now owns 264,000 shares of the company’s stock valued at $45,197,000 after acquiring an additional 19,827 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.