SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 1-Year High – Here’s What Happened

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $177.69 and last traded at $177.76, with a volume of 1170 shares traded. The stock had previously closed at $176.79.

SPDR MSCI USA StrategicFactors ETF Price Performance

The company has a market cap of $1.58 billion, a P/E ratio of 22.46 and a beta of 0.89. The stock has a fifty day moving average price of $174.31 and a two-hundred day moving average price of $170.30.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Hedge funds have recently added to or reduced their stakes in the stock. Elevation Capital Advisory LLC lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 2.4% during the 4th quarter. Elevation Capital Advisory LLC now owns 22,608 shares of the company’s stock valued at $3,938,000 after buying an additional 530 shares during the last quarter. Howard Capital Management Inc. lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 85.0% during the fourth quarter. Howard Capital Management Inc. now owns 119,933 shares of the company’s stock valued at $20,890,000 after purchasing an additional 55,112 shares during the last quarter. Apollon Financial LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 3.6% during the fourth quarter. Apollon Financial LLC now owns 4,350 shares of the company’s stock valued at $758,000 after purchasing an additional 150 shares during the last quarter. BIP Wealth LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth about $18,907,000. Finally, Balance Wealth LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth about $366,000.

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.