SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 1-Year High – Here’s Why

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $160.73 and last traded at $160.73, with a volume of 1141 shares traded. The stock had previously closed at $160.45.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.0 %

The company has a 50 day moving average price of $155.01 and a 200-day moving average price of $148.89. The company has a market cap of $1.40 billion, a P/E ratio of 25.12 and a beta of 0.83.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Several large investors have recently bought and sold shares of the stock. Concourse Financial Group Securities Inc. increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 61.9% during the third quarter. Concourse Financial Group Securities Inc. now owns 348 shares of the company’s stock valued at $55,000 after acquiring an additional 133 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 2nd quarter valued at $62,000. SYM FINANCIAL Corp bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 2nd quarter worth $200,000. Foundations Investment Advisors LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the second quarter valued at $226,000. Finally, Blair William & Co. IL boosted its stake in SPDR MSCI USA StrategicFactors ETF by 188.1% during the second quarter. Blair William & Co. IL now owns 1,772 shares of the company’s stock valued at $261,000 after buying an additional 1,157 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.