SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Reaches New 12-Month High – Here’s Why

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price reached a new 52-week high on Friday. The company traded as high as $197.62 and last traded at $197.58, with a volume of 157 shares traded. The stock had previously closed at $196.44.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.2%

The stock has a 50-day moving average price of $193.85 and a 200 day moving average price of $185.00. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several institutional investors have recently modified their holdings of QUS. Mather Group LLC. acquired a new stake in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth $34,000. Western Wealth Management LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter worth about $173,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $235,000. Carnegie Investment Counsel purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at about $304,000. Finally, Perryman Financial Advisory Inc. AD purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at about $313,000.

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.