SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Sets New 12-Month High at $141.44

SPDR MSCI USA StrategicFactors ETF (NYSEARCAQUS) is a type of exchange-traded fund (ETF) that tracks the performance of the Dow Jones U.S. Broad Stock Market Index, which includes large and mid-cap stocks from various sectors in the United States. The ETF was launched on July 15, 2014, and has since been managed by State Street Global Advisors (SSGA).

On August 17, 2021, SPDR MSCI USA StrategicFactors ETF NYSEARCAQUS reached a new 12-month high of $141.44. This means that the price of the ETF has increased by more than 12% since its previous high on July 7, 2021, when it was trading at $125.69.

The increase in the price of SPDR MSCI USA StrategicFactors ETF NYSEARCAQUS can be attributed to several factors, including strong economic growth and corporate earnings reports that have exceeded expectations. Additionally, the ETF has benefited from its exposure to various sectors, such as technology, healthcare, and consumer discretionary, which have been performing well in recent months.

It's worth noting that while SPDR MSCI USA StrategicFactors ETF NYSEARCAQUS has reached a new 12-month high, it's important to remember that past performance is not indicative of future results. Investors should always conduct their own research and consider seeking advice from a financial advisor before making any investment decisions.