As the clock ticks into the afternoon on Friday, the clamor surrounding the SPDR MSCI USA StrategicFactors ETF is impossible to ignore. The shares are witnessing an extraordinary surge in trading activity, with over 281,000 shares changing hands, a stark contrast against the usual three month average volume of approximately 29,000. This surge in volume has propelled the QUS ETF to a 0.1% increase for the day.
Among the components of the ETF, two stocks have particularly caught investors’ attention. Intel, grappling with a considerable 11.1% decline, has seen over 66.2 million shares exchanged hands in this session alone. Conversely, Tesla has surged by 1%, as over 57.6 million shares have been traded. Booz Allen Hamilton Holding has emerged as the top performer, with an exceptional 13.2% increase in its share value on the day.
VIDEO: Insight into Friday’s Unusual Volume for QUS ETF