The SPDR MSCI USA StrategicFactors ETF has experienced an unusual surge in trading volume on Friday afternoon. Over 281,000 shares of QUS have changed hands, significantly exceeding its three-month average volume of about 29,000 shares. Despite this activity, QUS was up by a modest 0.1% at the close of the trading day.
Among the ETF’s components, Intel saw a substantial decrease, trading down approximately 11.1% with over 66.2 million shares traded. In contrast, Tesla experienced an upward trend, rising by about 1% on a volume of over 57.6 million shares. Notably, Booz Allen Hamilton Holding emerged as the top performer within the ETF, with its stock rallying by an impressive 13.2% throughout the day.
VIDEO: Insight into the Unusual Volume of QUS ETF