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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw strong trading volume on Monday . 45,971 shares traded hands 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 Price Performance

The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. The business has a fifty day moving average of $159.45 and a 200 day moving average of $155.41.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in QUS. Raymond James & Associates grew its stake in SPDR MSCI USA StrategicFactors ETF by 99.6% during the 3rd quarter. Raymond James & Associates now owns 143,217 shares of the company’s stock worth $22,564,000 after purchasing an additional 71,474 shares in the last quarter. Eagle Strategies LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the second quarter worth approximately $9,399,000. Sharkey Howes & Javer acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $6,147,000. Janney Montgomery Scott LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $4,943,000. Finally, AlTi Global Inc. purchased a new position in SPDR MSCI USA StrategicFactors ETF in the second quarter worth approximately $3,668,000.

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.