SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Large Volume Increase – Still a Buy?
by Teresa Graham · The Cerbat GemShares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Get Free Report) saw strong trading volume on Friday . 101,644 shares traded hands during mid-day trading, an increase of 210% from the previous session’s volume of 32,811 shares.The stock last traded at $176.55 and had previously closed at $177.13.
SPDR MSCI USA StrategicFactors ETF Price Performance
The company has a fifty day moving average of $176.15 and a 200 day moving average of $174.22. The firm has a market capitalization of $1.47 billion, a P/E ratio of 22.46 and a beta of 0.86.
Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF
Institutional investors and hedge funds have recently modified their holdings of the business. MMA Asset Management LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $29,000. Cornerstone Planning Group LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $38,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $40,000. Triumph Capital Management bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter worth approximately $54,000. Finally, Empowered Funds LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $94,000.
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.