SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Short Interest Up 51.8% in February

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 22,424 shares, a growth of 51.8% from the January 29th total of 14,771 shares. Based on an average trading volume of 21,948 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 21,948 shares, the days-to-cover ratio is currently 1.0 days.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.4%

Shares of QUS opened at $180.71 on Friday. SPDR MSCI USA StrategicFactors ETF has a 12-month low of $137.58 and a 12-month high of $180.72. The firm has a market capitalization of $1.60 billion, a P/E ratio of 22.46 and a beta of 0.89. The firm has a 50-day moving average price of $177.29 and a 200 day moving average price of $172.87.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Great Point Wealth Advisors LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $15,220,000. Hershey Financial Advisers LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the second quarter worth $1,061,000. Goodman Advisory Group LLC boosted its position 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 buying an additional 46,564 shares during the period. Paul R. Ried Financial Group LLC boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 5.5% during 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. Finally, Cetera Investment Advisers boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 13.2% during the second quarter. Cetera Investment Advisers now owns 9,694 shares of the company’s stock worth $1,581,000 after buying an additional 1,127 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.