SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Reaches New 1-Year High – Time to Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $187.35 and last traded at $187.35, with a volume of 2161 shares changing hands. The stock had previously closed at $185.35.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.9%

The stock’s 50 day moving average price is $181.75 and its two-hundred day moving average price is $177.84. The firm has a market capitalization of $1.52 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth $40,000. Triumph Capital Management purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth $54,000. Empowered Funds LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $94,000. Western Wealth Management LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter worth $173,000. Finally, Maia Wealth LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth $203,000.

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.