Empirical Asset Management LLC Decreases Position in SPDR MSCI World StrategicFactors ETF $QWLD

Empirical Asset Management LLC decreased its holdings in SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) by 52.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,324 shares of the company’s stock after selling 4,801 shares during the quarter. Empirical Asset Management LLC owned about 0.35% of SPDR MSCI World StrategicFactors ETF worth $607,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. AE Wealth Management LLC raised its stake in SPDR MSCI World StrategicFactors ETF by 71.8% in the second quarter. AE Wealth Management LLC now owns 610 shares of the company’s stock valued at $82,000 after buying an additional 255 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of SPDR MSCI World StrategicFactors ETF during the third quarter valued at about $92,000. Bank of Montreal Can increased its holdings in shares of SPDR MSCI World StrategicFactors ETF by 115.9% during the second quarter. Bank of Montreal Can now owns 745 shares of the company’s stock valued at $100,000 after acquiring an additional 400 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in shares of SPDR MSCI World StrategicFactors ETF in the 2nd quarter valued at approximately $817,000. Finally, Prospera Financial Services Inc acquired a new stake in SPDR MSCI World StrategicFactors ETF in the 2nd quarter worth approximately $876,000.

SPDR MSCI World StrategicFactors ETF Trading Up 0.5%

NYSEARCA:QWLD opened at $151.05 on Thursday. SPDR MSCI World StrategicFactors ETF has a twelve month low of $113.04 and a twelve month high of $151.05. The company has a market cap of $185.79 million, a PE ratio of 19.41 and a beta of 0.82. The company’s 50 day moving average is $146.69 and its two-hundred day moving average is $142.40.

About SPDR MSCI World StrategicFactors ETF

The SPDR MSCI World StrategicFactors ETF (QWLD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market securities that consists of 3 subindexes based on value, minimum volatility and quality. QWLD was launched on Jun 4, 2014 and is managed by State Street.