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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-high trading volume on Thursday . Approximately 53,012 shares were traded during trading, an increase of 129% from the previous session’s volume of 23,142 shares.The stock last traded at $156.87 and had previously closed at $156.79.

SPDR MSCI USA StrategicFactors ETF Stock Down 0.1 %

The company’s fifty day moving average price is $159.33 and its 200-day moving average price is $158.60. The stock has a market capitalization of $1.41 billion, a PE ratio of 23.16 and a beta of 0.91.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Several large investors have recently made changes to their positions in the business. Wood Tarver Financial Group LLC bought a new position in SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at approximately $25,000. Parkworth Wealth Management Inc. bought a new position in SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at approximately $30,000. Harbour Investments Inc. lifted its position in SPDR MSCI USA StrategicFactors ETF by 40.0% in the 4th quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock valued at $54,000 after acquiring an additional 100 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in SPDR MSCI USA StrategicFactors ETF by 1,215.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 500 shares of the company’s stock valued at $77,000 after acquiring an additional 462 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new position in SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at approximately $162,000.

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.