SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Strong Trading Volume – What’s Next?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-strong trading volume on Monday . Approximately 18,790 shares traded hands during mid-day trading, a decline of 31% from the previous session’s volume of 27,208 shares.The stock last traded at $161.64 and had previously closed at $161.98.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The stock has a market cap of $1.41 billion, a PE ratio of 25.12 and a beta of 0.83. The stock has a fifty day moving average price of $158.72 and a 200 day moving average price of $157.06.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Sfmg LLC lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 1.2% during the 4th quarter. Sfmg LLC now owns 514,603 shares of the company’s stock worth $79,686,000 after acquiring an additional 6,162 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 6.0% during the 3rd quarter. Private Advisor Group LLC now owns 336,245 shares of the company’s stock worth $52,975,000 after acquiring an additional 19,120 shares during the last quarter. Mount Yale Investment Advisors LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $37,280,000. Garrett Wealth Advisory Group LLC lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 9.9% during the 4th quarter. Garrett Wealth Advisory Group LLC now owns 171,138 shares of the company’s stock worth $26,501,000 after acquiring an additional 15,378 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $22,880,000.

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.