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

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) shares saw unusually-strong trading volume on Monday . Approximately 45,971 shares changed hands during trading, an increase of 174% from the previous session’s volume of 16,806 shares.The stock last traded at $156.50 and had previously closed at $155.80.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.1 %

The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 25.12 and a beta of 0.83. The firm has a 50 day moving average price of $159.45 and a 200-day moving average price of $155.41.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Sfmg LLC grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 2.1% during the 3rd quarter. Sfmg LLC now owns 508,441 shares of the company’s stock valued at $80,105,000 after buying an additional 10,402 shares during the period. Private Advisor Group LLC boosted its holdings in SPDR MSCI USA StrategicFactors ETF by 6.0% in the third quarter. Private Advisor Group LLC now owns 336,245 shares of the company’s stock valued at $52,975,000 after acquiring an additional 19,120 shares during the last quarter. Mount Yale Investment Advisors LLC increased its stake in SPDR MSCI USA StrategicFactors ETF by 5.9% during the second quarter. Mount Yale Investment Advisors LLC now owns 216,434 shares of the company’s stock worth $31,913,000 after acquiring an additional 11,969 shares during the last quarter. Perennial Investment Advisors LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 7.5% in the 2nd quarter. Perennial Investment Advisors LLC now owns 173,290 shares of the company’s stock worth $25,549,000 after purchasing an additional 12,140 shares during the period. Finally, Raymond James & Associates lifted its stake in shares of SPDR MSCI USA StrategicFactors ETF by 99.6% in the 3rd quarter. Raymond James & Associates now owns 143,217 shares of the company’s stock valued at $22,564,000 after purchasing an additional 71,474 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.