SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Large Volume Increase – Still a Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares saw unusually-strong trading volume on Thursday . Approximately 22,721 shares changed 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 Trading Up 1.4 %

The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 24.32 and a beta of 0.92. The firm has a 50-day moving average of $159.14 and a 200 day moving average of $158.29.

Institutional Investors Weigh In On SPDR MSCI USA StrategicFactors ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parkworth Wealth Management Inc. purchased a new stake in SPDR MSCI USA StrategicFactors ETF during the 4th quarter worth approximately $30,000. Harbour Investments Inc. grew its position in shares of SPDR MSCI USA StrategicFactors ETF by 40.0% during the fourth quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock worth $54,000 after buying an additional 100 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 1,215.8% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 500 shares of the company’s stock worth $77,000 after buying an additional 462 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the fourth quarter valued at $162,000. Finally, EverSource Wealth Advisors LLC bought a new position in SPDR MSCI USA StrategicFactors ETF during the 4th quarter valued at $195,000.

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.