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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS)’s share price reached a new 52-week high on Monday . The company traded as high as $194.70 and last traded at $194.70, with a volume of 286 shares. The stock had previously closed at $193.54.

SPDR MSCI USA StrategicFactors ETF Price Performance

The company has a market capitalization of $1.58 billion, a P/E ratio of 22.46 and a beta of 0.83. The company has a 50 day moving average of $187.14 and a 200-day moving average of $181.51.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

A number of large investors have recently made changes to their positions in the business. Spinnaker Investment Group LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the second quarter valued at approximately $760,000. Midwest Financial Network LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF by 17.3% in the second quarter. Midwest Financial Network LLC now owns 25,439 shares of the company’s stock worth $4,754,000 after acquiring an additional 3,750 shares during the period. Paul R. Ried Financial Group LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF by 3.4% in the second quarter. Paul R. Ried Financial Group LLC now owns 76,485 shares of the company’s stock worth $14,292,000 after acquiring an additional 2,491 shares during the period. Western Wealth Management LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF in the first quarter valued at $173,000. Finally, NewEdge Advisors LLC boosted its holdings in SPDR MSCI USA StrategicFactors ETF by 2.3% in the first quarter. NewEdge Advisors LLC now owns 37,355 shares of the company’s stock valued at $6,412,000 after acquiring an additional 823 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.