SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Large Volume Increase – Here’s Why

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares saw strong trading volume on Thursday . 22,721 shares traded hands during mid-day trading, a decline of 10% from the previous session’s volume of 25,255 shares.The stock last traded at $160.90 and had previously closed at $161.52.

SPDR MSCI USA StrategicFactors ETF Stock Performance

The company’s fifty day moving average price is $159.14 and its 200 day moving average price is $158.29. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 24.32 and a beta of 0.92.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several hedge funds have recently made changes to their positions in QUS. Valmark Advisers Inc. bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter worth about $211,000. Princeton Global Asset Management LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 4.9% in the 3rd quarter. Princeton Global Asset Management LLC now owns 10,880 shares of the company’s stock worth $1,714,000 after purchasing an additional 509 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter worth about $4,943,000. Apollon Financial LLC acquired a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $343,000. Finally, FMR LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 57.4% during the third quarter. FMR LLC now owns 2,013 shares of the company’s stock valued at $317,000 after buying an additional 734 shares during 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.