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

Shares of SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw unusually-high trading volume on Tuesday . Approximately 34,140 shares traded hands during mid-day trading, an increase of 24% from the previous session’s volume of 27,542 shares.The stock last traded at $154.63 and had previously closed at $154.33.

SPDR MSCI USA StrategicFactors ETF Price Performance

The company has a 50 day simple moving average of $159.21 and a 200-day simple moving average of $155.66. The stock has a market cap of $1.37 billion, a P/E ratio of 25.12 and a beta of 0.83.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Harbor Investment Advisory LLC increased its stake in shares of SPDR MSCI USA StrategicFactors ETF by 54.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 11,242 shares of the company’s stock worth $1,741,000 after buying an additional 3,975 shares during the period. Lbmc Investment Advisors LLC increased its position in shares of SPDR MSCI USA StrategicFactors ETF by 0.7% in the fourth quarter. Lbmc Investment Advisors LLC now owns 12,305 shares of the company’s stock valued at $1,905,000 after acquiring an additional 86 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF during the fourth quarter valued at about $6,182,000. Sentinel Pension Advisors Inc. boosted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 1.1% during the fourth quarter. Sentinel Pension Advisors Inc. now owns 9,124 shares of the company’s stock worth $1,413,000 after purchasing an additional 100 shares during the period. Finally, Versant Capital Management Inc grew its stake in shares of SPDR MSCI USA StrategicFactors ETF by 112.9% in the fourth quarter. Versant Capital Management Inc now owns 16,001 shares of the company’s stock worth $2,478,000 after purchasing an additional 8,487 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.