SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Large Volume Increase

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw an uptick in trading volume on Thursday . 193,232 shares changed 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 Stock Up 0.5 %

The business has a 50 day moving average price of $142.29 and a 200-day moving average price of $134.84. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 24.16 and a beta of 0.84.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sfmg LLC increased its position in shares of SPDR MSCI USA StrategicFactors ETF by 1.1% in the 1st quarter. Sfmg LLC now owns 501,860 shares of the company’s stock worth $73,086,000 after purchasing an additional 5,326 shares during the last quarter. Vantage Financial Partners LLC increased its holdings in SPDR MSCI USA StrategicFactors ETF by 19.4% in the first quarter. Vantage Financial Partners LLC now owns 2,996 shares of the company’s stock valued at $436,000 after buying an additional 486 shares during the last quarter. Private Advisor Group LLC raised its stake in SPDR MSCI USA StrategicFactors ETF by 1,200.1% during the first quarter. Private Advisor Group LLC now owns 317,958 shares of the company’s stock valued at $46,304,000 after buying an additional 293,502 shares in the last quarter. Garrett Wealth Advisory Group LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 0.4% during the 1st quarter. Garrett Wealth Advisory Group LLC now owns 152,956 shares of the company’s stock worth $22,275,000 after buying an additional 586 shares during the last quarter. Finally, YHB Investment Advisors Inc. acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 1st quarter worth approximately $220,000.

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.