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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price hit a new 52-week high on Monday . The company traded as high as $190.53 and last traded at $190.53, with a volume of 779 shares traded. The stock had previously closed at $189.38.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.5%

The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83. The stock has a 50-day moving average price of $186.47 and a 200 day moving average price of $180.92.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several institutional investors have recently bought and sold shares of the business. BIP Wealth LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter valued at approximately $18,907,000. Sfmg LLC grew its stake in SPDR MSCI USA StrategicFactors ETF by 0.6% in the 4th quarter. Sfmg LLC now owns 527,047 shares of the company’s stock valued at $91,804,000 after acquiring an additional 3,069 shares during the period. Gilpin Wealth Management LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at $637,000. Garrett Wealth Advisory Group LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF by 2.3% in the 4th quarter. Garrett Wealth Advisory Group LLC now owns 178,546 shares of the company’s stock worth $31,100,000 after acquiring an additional 4,057 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in SPDR MSCI USA StrategicFactors ETF by 1,414.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,514 shares of the company’s stock worth $612,000 after acquiring an additional 3,282 shares in the last quarter.

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.