Envestnet Asset Management Inc. Lowers Stock Position in SPDR MSCI World StrategicFactors ETF $QWLD

Envestnet Asset Management Inc. trimmed its holdings in shares of SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) by 46.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,764 shares of the company’s stock after selling 5,050 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.47% of SPDR MSCI World StrategicFactors ETF worth $809,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its position in SPDR MSCI World StrategicFactors ETF by 2.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 10,885 shares of the company’s stock valued at $1,529,000 after acquiring an additional 240 shares in the last quarter. AE Wealth Management LLC lifted its stake in shares of SPDR MSCI World StrategicFactors ETF by 71.8% during the 2nd quarter. AE Wealth Management LLC now owns 610 shares of the company’s stock worth $82,000 after purchasing an additional 255 shares during the last quarter. Bank of Montreal Can boosted its position in 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 purchasing an additional 400 shares in the last quarter. Root Financial Partners LLC bought a new stake in SPDR MSCI World StrategicFactors ETF during the third quarter valued at about $92,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in SPDR MSCI World StrategicFactors ETF by 3.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,360 shares of the company’s stock valued at $3,153,000 after purchasing an additional 684 shares during the last quarter.

SPDR MSCI World StrategicFactors ETF Stock Performance

Shares of SPDR MSCI World StrategicFactors ETF stock opened at $149.37 on Thursday. The company has a market capitalization of $183.73 million, a PE ratio of 19.41 and a beta of 0.82. The company has a 50-day simple moving average of $147.37 and a two-hundred day simple moving average of $142.87. SPDR MSCI World StrategicFactors ETF has a one year low of $113.04 and a one year high of $151.32.

SPDR MSCI World StrategicFactors ETF Company Profile

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.