SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 52-Week High – Here’s What Happened

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $181.41 and last traded at $181.31, with a volume of 5323 shares. The stock had previously closed at $180.11.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 22.46 and a beta of 0.84. The business’s fifty day simple moving average is $176.43 and its 200 day simple moving average is $175.12.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Focus Partners Wealth increased its holdings in SPDR MSCI USA StrategicFactors ETF by 3.7% during the 3rd quarter. Focus Partners Wealth now owns 2,060,903 shares of the company’s stock worth $352,923,000 after purchasing an additional 74,333 shares during the last quarter. Sfmg LLC increased its holdings 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 increased its holdings in SPDR MSCI USA StrategicFactors ETF by 94.7% during the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after purchasing an additional 192,062 shares during the last quarter. LPL Financial LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF by 7.6% during the 4th quarter. LPL Financial LLC now owns 333,050 shares of the company’s stock worth $58,012,000 after purchasing an additional 23,402 shares during the last quarter. Finally, Perennial Investment Advisors LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF by 8.1% during the 3rd quarter. Perennial Investment Advisors LLC now owns 264,000 shares of the company’s stock worth $45,197,000 after purchasing an additional 19,827 shares during 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.