SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 52-Week High – What’s Next?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $175.31 and last traded at $175.23, with a volume of 21473 shares. The stock had previously closed at $175.03.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.4%

The stock has a market cap of $1.56 billion, a PE ratio of 22.46 and a beta of 0.89. The stock has a 50-day moving average of $172.61 and a 200 day moving average of $168.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of QUS. MMA Asset Management LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at about $29,000. Cornerstone Planning Group LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at about $38,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at approximately $40,000. Triumph Capital Management purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at approximately $54,000. Finally, AE Wealth Management LLC increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 38.5% during the 2nd 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.