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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $187.69 and last traded at $187.68, with a volume of 3108 shares traded. The stock had previously closed at $186.86.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The firm’s 50 day simple moving average is $183.76 and its 200 day simple moving average is $178.81. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Riverpoint Wealth Management Holdings LLC boosted its holdings in SPDR MSCI USA StrategicFactors ETF by 0.8% in the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 8,771 shares of the company’s stock valued at $1,528,000 after purchasing an additional 71 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.4% during the 4th quarter. Kestra Advisory Services LLC now owns 17,690 shares of the company’s stock valued at $3,081,000 after buying an additional 76 shares during the last quarter. Lbmc Investment Advisors LLC raised its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.7% during the 4th quarter. Lbmc Investment Advisors LLC now owns 12,449 shares of the company’s stock valued at $2,168,000 after buying an additional 82 shares during the last quarter. Harbor Investment Advisory LLC raised its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.9% during the 1st quarter. Harbor Investment Advisory LLC now owns 13,484 shares of the company’s stock valued at $2,314,000 after buying an additional 115 shares during the last quarter. Finally, Apollon Financial LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 3.6% in the 4th quarter. Apollon Financial LLC now owns 4,350 shares of the company’s stock valued at $758,000 after buying an additional 150 shares during the period.

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.