SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 52-Week High – Time to Buy?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares reached a new 52-week high during trading on Monday . The stock traded as high as $163.33 and last traded at $163.33, with a volume of 1345 shares trading hands. The stock had previously closed at $161.92.

SPDR MSCI USA StrategicFactors ETF Price Performance

The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. The business has a 50-day moving average of $158.40 and a 200-day moving average of $152.34.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Riverpoint Wealth Management Holdings LLC boosted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 0.7% during the 2nd quarter. Riverpoint Wealth Management Holdings LLC now owns 10,099 shares of the company’s stock valued at $1,489,000 after acquiring an additional 67 shares in the last quarter. Lbmc Investment Advisors LLC increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.6% in the second quarter. Lbmc Investment Advisors LLC now owns 13,539 shares of the company’s stock valued at $1,996,000 after buying an additional 75 shares during the period. Captrust Financial Advisors raised its holdings in SPDR MSCI USA StrategicFactors ETF by 3.9% in the 3rd quarter. Captrust Financial Advisors now owns 2,455 shares of the company’s stock valued at $387,000 after buying an additional 92 shares during the last quarter. Vicus Capital boosted its position in SPDR MSCI USA StrategicFactors ETF by 2.1% during the 2nd quarter. Vicus Capital now owns 5,217 shares of the company’s stock worth $769,000 after buying an additional 109 shares during the period. Finally, Collaborative Wealth Managment Inc. grew its holdings in SPDR MSCI USA StrategicFactors ETF by 4.8% during the 2nd quarter. Collaborative Wealth Managment Inc. now owns 2,594 shares of the company’s stock worth $383,000 after acquiring an additional 119 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.