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

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $183.35 and last traded at $183.35, with a volume of 9585 shares. The stock had previously closed at $183.03.

SPDR MSCI USA StrategicFactors ETF Price Performance

The firm has a market cap of $1.49 billion, a PE ratio of 22.46 and a beta of 0.84. The stock has a 50-day moving average price of $176.78 and a 200 day moving average price of $175.68.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MMA Asset Management LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at about $29,000. Cornerstone Planning Group LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $38,000. Northwestern Mutual Wealth Management Co. acquired a new position in SPDR MSCI USA StrategicFactors ETF during the third quarter worth approximately $40,000. Triumph Capital Management purchased a new position in SPDR MSCI USA StrategicFactors ETF during the third quarter worth approximately $54,000. Finally, Empowered Funds LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at $94,000.

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.