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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw an uptick in trading volume on Wednesday . 91,042 shares changed hands during trading, an increase of 217% from the previous session’s volume of 28,689 shares.The stock last traded at $176.3540 and had previously closed at $174.27.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The company has a 50 day moving average of $174.07 and a two-hundred day moving average of $170.02. The stock has a market capitalization of $1.56 billion, a PE ratio of 22.46 and a beta of 0.89.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. boosted its stake in SPDR MSCI USA StrategicFactors ETF by 5.4% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 1,461 shares of the company’s stock worth $250,000 after purchasing an additional 75 shares in the last quarter. Vicus Capital lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 1.7% during the third quarter. Vicus Capital now owns 4,705 shares of the company’s stock worth $805,000 after buying an additional 78 shares during the period. Collaborative Wealth Managment Inc. grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 4.0% during the third quarter. Collaborative Wealth Managment Inc. now owns 2,107 shares of the company’s stock valued at $361,000 after buying an additional 82 shares during the last quarter. Blair William & Co. IL raised its stake in SPDR MSCI USA StrategicFactors ETF by 8.1% in the 2nd quarter. Blair William & Co. IL now owns 1,251 shares of the company’s stock worth $204,000 after acquiring an additional 94 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its position in SPDR MSCI USA StrategicFactors ETF by 7.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,435 shares of the company’s stock worth $234,000 after acquiring an additional 99 shares during the period.

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.