SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Unusually-High Trading Volume – Time to Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-high trading volume on Tuesday . Approximately 33,049 shares traded hands during trading, an increase of 22% from the previous session’s volume of 27,198 shares.The stock last traded at $180.05 and had previously closed at $179.83.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.1%

The stock has a market capitalization of $1.59 billion, a PE ratio of 22.46 and a beta of 0.89. The business’s fifty day moving average is $175.73 and its 200-day moving average is $171.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QUS. Great Point Wealth Advisors LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth $15,220,000. Hershey Financial Advisers LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF in the second quarter valued at about $1,061,000. Goodman Advisory Group LLC lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 7,076.6% during the second quarter. Goodman Advisory Group LLC now owns 47,222 shares of the company’s stock worth $7,702,000 after purchasing an additional 46,564 shares in the last quarter. Blair William & Co. IL lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 8.1% during the second quarter. Blair William & Co. IL now owns 1,251 shares of the company’s stock worth $204,000 after purchasing an additional 94 shares in the last quarter. Finally, Paul R. Ried Financial Group LLC boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 5.5% in the second quarter. Paul R. Ried Financial Group LLC now owns 65,745 shares of the company’s stock worth $10,722,000 after buying an additional 3,445 shares during the period.

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.