SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Short Interest Down 64.7% in July

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 2,646 shares, a decline of 64.7% from the June 30th total of 7,500 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 35,994 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

A number of large investors have recently bought and sold shares of the stock. Empowered Funds LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter valued at about $275,000. NewEdge Advisors LLC boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 7.1% during the 2nd quarter. NewEdge Advisors LLC now owns 36,337 shares of the company’s stock worth $5,926,000 after purchasing an additional 2,405 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 31.9% in the 2nd quarter. Raymond James Financial Inc. now owns 140,287 shares of the company’s stock valued at $22,879,000 after buying an additional 33,967 shares during the period. Ameriprise Financial Inc. grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 6.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 180,293 shares of the company’s stock valued at $29,401,000 after buying an additional 11,667 shares during the period. Finally, Bank of America Corp DE increased its position in SPDR MSCI USA StrategicFactors ETF by 94.7% in the 2nd quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock valued at $64,390,000 after buying an additional 192,062 shares in the last quarter.

SPDR MSCI USA StrategicFactors ETF Stock Performance

Shares of SPDR MSCI USA StrategicFactors ETF stock traded up $1.53 on Monday, reaching $188.73. 2,313 shares of the company’s stock were exchanged, compared to its average volume of 27,232. The company has a market capitalization of $1.53 billion, a P/E ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $161.09 and a 52 week high of $189.53. The firm’s 50-day moving average is $186.05 and its two-hundred day moving average is $180.50.

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.