SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 52-Week High – Still a Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $184.87 and last traded at $184.87, with a volume of 5517 shares trading hands. The stock had previously closed at $184.65.

SPDR MSCI USA StrategicFactors ETF Price Performance

The company has a market cap of $1.51 billion, a P/E ratio of 22.46 and a beta of 0.84. The company has a 50 day moving average of $177.43 and a 200-day moving average of $176.16.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

Several large investors have recently added to or reduced their stakes in the business. Riverpoint Wealth Management Holdings LLC boosted its stake in SPDR MSCI USA StrategicFactors ETF by 0.8% during the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 8,771 shares of the company’s stock valued at $1,528,000 after buying an additional 71 shares during the period. B. Riley Wealth Advisors Inc. raised its position in SPDR MSCI USA StrategicFactors ETF by 5.4% during the third quarter. B. Riley Wealth Advisors Inc. now owns 1,461 shares of the company’s stock valued at $250,000 after purchasing an additional 75 shares in the last quarter. Kestra Advisory Services LLC raised its position in SPDR MSCI USA StrategicFactors ETF by 0.4% during the fourth quarter. Kestra Advisory Services LLC now owns 17,690 shares of the company’s stock valued at $3,081,000 after purchasing an additional 76 shares in the last quarter. Collaborative Wealth Managment Inc. raised its position in SPDR MSCI USA StrategicFactors ETF by 4.0% during the third quarter. Collaborative Wealth Managment Inc. now owns 2,107 shares of the company’s stock valued at $361,000 after purchasing an additional 82 shares in the last quarter. Finally, Lbmc Investment Advisors LLC raised its position in SPDR MSCI USA StrategicFactors ETF by 0.7% during the fourth quarter. Lbmc Investment Advisors LLC now owns 12,449 shares of the company’s stock valued at $2,168,000 after purchasing an additional 82 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.