SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Unusually-High Trading Volume – What’s Next?

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-strong trading volume on Monday . Approximately 37,492 shares traded hands during mid-day trading, an increase of 40% from the previous session’s volume of 26,741 shares.The stock last traded at $174.5160 and had previously closed at $174.67.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.0%

The stock has a market cap of $1.55 billion, a PE ratio of 22.46 and a beta of 0.89. The stock’s fifty day moving average price is $171.93 and its 200 day moving average price is $167.15.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

A number of institutional investors and hedge funds have recently modified their holdings of QUS. Hershey Financial Advisers LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF in the 2nd quarter worth approximately $1,061,000. Blair William & Co. IL lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 8.1% during the 2nd quarter. Blair William & Co. IL now owns 1,251 shares of the company’s stock valued at $204,000 after buying an additional 94 shares during the period. Paul R. Ried Financial Group LLC boosted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 5.5% in the 2nd quarter. Paul R. Ried Financial Group LLC now owns 65,745 shares of the company’s stock worth $10,722,000 after buying an additional 3,445 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 10.5% in the 2nd quarter. IFP Advisors Inc now owns 1,216 shares of the company’s stock worth $198,000 after buying an additional 116 shares during the last quarter. Finally, Goodman Advisory Group LLC grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 7,076.6% in the second quarter. Goodman Advisory Group LLC now owns 47,222 shares of the company’s stock worth $7,702,000 after acquiring an additional 46,564 shares during the period.

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.