SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares saw an uptick in trading volume on Monday . 58,929 shares were traded during mid-day trading, an increase of 138% from the previous session’s volume of 24,772 shares.The stock last traded at $169.38 and had previously closed at $168.33.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.2%

The firm has a market cap of $1.48 billion, a PE ratio of 22.46 and a beta of 0.89. The stock’s 50 day moving average price is $176.81 and its 200 day moving average price is $174.04.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Great Point Wealth Advisors LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $15,220,000. Hershey Financial Advisers LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF in the 2nd quarter worth $1,061,000. Goodman Advisory Group LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 7,076.6% in the 2nd quarter. Goodman Advisory Group LLC now owns 47,222 shares of the company’s stock worth $7,702,000 after buying an additional 46,564 shares in the last quarter. Cetera Investment Advisers boosted its position in SPDR MSCI USA StrategicFactors ETF by 13.2% in the 2nd quarter. Cetera Investment Advisers now owns 9,694 shares of the company’s stock valued at $1,581,000 after buying an additional 1,127 shares during the last quarter. Finally, Strategic Blueprint LLC boosted its position in SPDR MSCI USA StrategicFactors ETF by 11.7% in the 3rd quarter. Strategic Blueprint LLC now owns 107,676 shares of the company’s stock valued at $18,434,000 after buying an additional 11,305 shares during 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.