SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Unusually-High Trading Volume – Time to Buy?

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw an uptick in trading volume on Monday . 45,971 shares were traded during trading, an increase of 174% from the previous session’s volume of 16,806 shares.The stock last traded at $156.50 and had previously closed at $155.80.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.0 %

The stock has a market capitalization of $1.36 billion, a PE ratio of 25.12 and a beta of 0.83. The stock has a 50 day moving average price of $159.56 and a 200-day moving average price of $155.30.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in QUS. Concourse Financial Group Securities Inc. increased its stake in SPDR MSCI USA StrategicFactors ETF by 61.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 348 shares of the company’s stock worth $55,000 after buying an additional 133 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF during the 2nd quarter valued at approximately $62,000. SYM FINANCIAL Corp purchased a new position in SPDR MSCI USA StrategicFactors ETF in the 2nd quarter worth approximately $200,000. Warren Street Wealth Advisors LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at approximately $202,000. Finally, Valmark Advisers Inc. bought a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $211,000.

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.