SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 12-Month High – Time to Buy?

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) hit a new 52-week high on Tuesday . The stock traded as high as $181.17 and last traded at $180.23, with a volume of 1256 shares trading hands. The stock had previously closed at $180.49.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.3%

The company has a 50-day simple moving average of $176.19 and a two-hundred day simple moving average of $174.67. The stock has a market cap of $1.44 billion, a P/E ratio of 22.46 and a beta of 0.86.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Great Point Wealth Advisors LLC bought a new stake in SPDR MSCI USA StrategicFactors ETF in the third quarter valued at approximately $15,220,000. BIP Wealth LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at approximately $18,907,000. Focus Partners Wealth raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 3.7% during the third quarter. Focus Partners Wealth now owns 2,060,903 shares of the company’s stock valued at $352,923,000 after acquiring an additional 74,333 shares in the last quarter. Goodman Advisory Group LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 12.0% during the third quarter. Goodman Advisory Group LLC now owns 52,874 shares of the company’s stock valued at $9,052,000 after acquiring an additional 5,652 shares in the last quarter. Finally, Marotta Asset Management raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 6.1% during the fourth quarter. Marotta Asset Management now owns 57,571 shares of the company’s stock valued at $10,028,000 after acquiring an additional 3,320 shares in 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.