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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares saw unusually-strong trading volume on Thursday . Approximately 62,404 shares traded hands during mid-day trading, an increase of 160% from the previous session’s volume of 24,026 shares.The stock last traded at $143.94 and had previously closed at $151.03.

SPDR MSCI USA StrategicFactors ETF Trading Up 1.7 %

The company’s 50-day moving average is $156.82 and its 200-day moving average is $158.20. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 23.39 and a beta of 0.91.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several large investors have recently bought and sold shares of QUS. Mount Yale Investment Advisors LLC bought a new position in SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at approximately $37,280,000. Raymond James Financial Inc. bought a new stake in SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth $22,880,000. Focus Partners Wealth increased its holdings in SPDR MSCI USA StrategicFactors ETF by 5.3% in the 4th quarter. Focus Partners Wealth now owns 1,881,980 shares of the company’s stock worth $291,425,000 after purchasing an additional 94,556 shares in the last quarter. Paul R. Ried Financial Group LLC bought a new position in SPDR MSCI USA StrategicFactors ETF in the fourth quarter valued at about $9,151,000. Finally, Hughes Financial Services LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at about $7,285,000.

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.