SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Strong Trading Volume

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares saw strong trading volume on Thursday . 193,232 shares traded hands during trading, an increase of 555% from the previous session’s volume of 29,499 shares.The stock last traded at $143.64 and had previously closed at $143.24.

SPDR MSCI USA StrategicFactors ETF Price Performance

The stock’s fifty day simple moving average is $142.29 and its 200-day simple moving average is $134.84. The company has a market capitalization of $1.28 billion, a P/E ratio of 24.16 and a beta of 0.84.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Theory Financial LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $3,511,000. Raymond James & Associates lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 4,401.9% in the fourth quarter. Raymond James & Associates now owns 75,812 shares of the company’s stock valued at $10,016,000 after buying an additional 74,128 shares during the period. Sandy Spring Bank acquired a new stake in SPDR MSCI USA StrategicFactors ETF during the fourth quarter worth about $1,216,000. Blackston Financial Advisory Group LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at about $683,000. Finally, Princeton Global Asset Management LLC raised its holdings in SPDR MSCI USA StrategicFactors ETF by 5.7% in the 4th quarter. Princeton Global Asset Management LLC now owns 9,811 shares of the company’s stock valued at $1,296,000 after acquiring an additional 530 shares in the last quarter.

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.