SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 52-Week High – What’s Next?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $189.83 and last traded at $189.83, with a volume of 817 shares changing hands. The stock had previously closed at $188.28.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.9%

The stock has a fifty day moving average of $186.13 and a two-hundred day moving average of $180.58. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Spinnaker Investment Group LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the second quarter worth approximately $760,000. Midwest Financial Network LLC increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 17.3% in the second quarter. Midwest Financial Network LLC now owns 25,439 shares of the company’s stock valued at $4,754,000 after purchasing an additional 3,750 shares in the last quarter. Paul R. Ried Financial Group LLC raised its position in SPDR MSCI USA StrategicFactors ETF by 3.4% in the 2nd quarter. Paul R. Ried Financial Group LLC now owns 76,485 shares of the company’s stock worth $14,292,000 after purchasing an additional 2,491 shares during the last quarter. Western Wealth Management LLC bought a new position in SPDR MSCI USA StrategicFactors ETF in the 1st quarter worth approximately $173,000. Finally, NewEdge Advisors LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 2.3% during the 1st quarter. NewEdge Advisors LLC now owns 37,355 shares of the company’s stock worth $6,412,000 after buying an additional 823 shares in 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.