SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Reaches New 52-Week High – Time to Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $179.83 and last traded at $179.1510, with a volume of 13057 shares. The stock had previously closed at $176.87.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.2%

The stock has a 50-day moving average of $175.86 and a 200 day moving average of $171.52. The stock has a market cap of $1.58 billion, a PE ratio of 22.46 and a beta of 0.89.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in QUS. MMA Asset Management LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth $29,000. Cornerstone Planning Group LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at about $38,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at about $40,000. Triumph Capital Management acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at about $54,000. Finally, AE Wealth Management LLC boosted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 38.5% in the second quarter. AE Wealth Management LLC now owns 565 shares of the company’s stock worth $92,000 after buying an additional 157 shares during the last quarter.

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.