SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Reaches New 1-Year High – Here’s Why

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) hit a new 52-week high on Wednesday . The stock traded as high as $187.69 and last traded at $187.68, with a volume of 3108 shares changing hands. The stock had previously closed at $186.86.

SPDR MSCI USA StrategicFactors ETF Price Performance

The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 22.46 and a beta of 0.83. The stock has a fifty day simple moving average of $183.76 and a 200-day simple moving average of $178.81.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Several institutional investors have recently made changes to their positions in QUS. Northwestern Mutual Wealth Management Co. acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $40,000. Triumph Capital Management purchased a new position in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at $54,000. Empowered Funds LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF in the fourth quarter valued at $94,000. Western Wealth Management LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF in the first quarter valued at $173,000. Finally, Maia Wealth LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter worth about $203,000.

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.