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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw strong trading volume on Thursday . 53,012 shares were traded during mid-day 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 Performance

The company’s fifty day moving average price is $159.40 and its 200-day moving average price is $158.58. The stock has a market cap of $1.41 billion, a P/E ratio of 23.16 and a beta of 0.91.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Princeton Global Asset Management LLC lifted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 0.7% in the 4th quarter. Princeton Global Asset Management LLC now owns 10,957 shares of the company’s stock worth $1,697,000 after buying an additional 77 shares during the period. Riverpoint Wealth Management Holdings LLC boosted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 0.9% during the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 9,649 shares of the company’s stock valued at $1,494,000 after purchasing an additional 82 shares in the last quarter. Lbmc Investment Advisors LLC lifted its holdings in SPDR MSCI USA StrategicFactors ETF by 0.7% during the fourth quarter. Lbmc Investment Advisors LLC now owns 12,305 shares of the company’s stock worth $1,905,000 after buying an additional 86 shares during the period. Captrust Financial Advisors boosted its position in SPDR MSCI USA StrategicFactors ETF by 3.9% during the 3rd quarter. Captrust Financial Advisors now owns 2,455 shares of the company’s stock valued at $387,000 after acquiring an additional 92 shares in the last quarter. Finally, Sentinel Pension Advisors Inc. increased its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 1.1% in the 4th quarter. Sentinel Pension Advisors Inc. now owns 9,124 shares of the company’s stock valued at $1,413,000 after acquiring an additional 100 shares during the period.

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.