SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Shares Up 0.4% – What’s Next?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares were up 0.4% on Friday. The stock traded as high as $192.41 and last traded at $192.25. Approximately 10,323 shares traded hands during trading, a decline of 57% from the average session volume of 24,032 shares. The stock had previously closed at $191.56.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.4%

The stock has a market cap of $1.57 billion, a PE ratio of 22.46 and a beta of 0.83. The stock has a fifty day moving average of $192.47 and a 200-day moving average of $185.23.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of QUS. Western Wealth Management LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the first quarter valued at approximately $173,000. Perryman Financial Advisory Inc. AD acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth $279,000. Prosperity Consulting Group LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 12.5% during the first quarter. Prosperity Consulting Group LLC now owns 2,348 shares of the company’s stock worth $403,000 after purchasing an additional 261 shares during the period. Independent Wealth Network Inc. acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter worth $420,000. Finally, Balance Wealth LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 23.3% in the 1st quarter. Balance Wealth LLC now owns 2,590 shares of the company’s stock valued at $445,000 after buying an additional 490 shares during 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.