SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sees Large Volume Increase – What’s Next?

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-high trading volume on Monday . Approximately 45,971 shares changed hands during mid-day 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 Price Performance

The company has a market cap of $1.36 billion, a P/E ratio of 25.12 and a beta of 0.83. The firm’s 50-day moving average is $159.56 and its two-hundred day moving average is $155.30.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Captrust Financial Advisors boosted its stake in SPDR MSCI USA StrategicFactors ETF by 3.9% during the third quarter. Captrust Financial Advisors now owns 2,455 shares of the company’s stock worth $387,000 after buying an additional 92 shares during the period. 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 valued at $383,000 after purchasing an additional 119 shares during the last quarter. Concourse Financial Group Securities Inc. raised its position in SPDR MSCI USA StrategicFactors ETF by 61.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 348 shares of the company’s stock worth $55,000 after purchasing an additional 133 shares during the period. Goldstein Advisors LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF by 1.4% in the third quarter. Goldstein Advisors LLC now owns 11,319 shares of the company’s stock worth $1,783,000 after purchasing an additional 157 shares during the last quarter. Finally, Vantage Financial Partners LLC boosted its position in shares of SPDR MSCI USA StrategicFactors ETF by 6.6% during the second quarter. Vantage Financial Partners LLC now owns 3,193 shares of the company’s stock valued at $471,000 after buying an additional 197 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.