SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Hits New 1-Year Low – Here’s What Happened

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $137.58 and last traded at $137.87, with a volume of 4364 shares. The stock had previously closed at $143.62.

SPDR MSCI USA StrategicFactors ETF Stock Up 7.2 %

The firm’s 50-day moving average price is $157.74 and its two-hundred day moving average price is $158.41. The firm has a market capitalization of $1.39 billion, a PE ratio of 23.39 and a beta of 0.91.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Several hedge funds and other institutional investors have recently modified their holdings of QUS. Wood Tarver Financial Group LLC acquired a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at $25,000. Parkworth Wealth Management Inc. purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth approximately $30,000. Harbour Investments Inc. boosted its holdings 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 purchasing an additional 100 shares during the period. O Shaughnessy Asset Management LLC grew its position in SPDR MSCI USA StrategicFactors ETF by 1,215.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 500 shares of the company’s stock valued at $77,000 after purchasing an additional 462 shares in the last quarter. Finally, Global Retirement Partners LLC purchased a new position in SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at approximately $162,000.

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.