Independent Advisor Alliance Purchases Shares of 12,242 SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD)

Independent Advisor Alliance bought a new position in SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,242 shares of the company’s stock, valued at approximately $1,516,000. Independent Advisor Alliance owned about 1.22% of SPDR MSCI World StrategicFactors ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in SPDR MSCI World StrategicFactors ETF in the fourth quarter valued at approximately $8,077,000. Merit Financial Group LLC purchased a new position in shares of SPDR MSCI World StrategicFactors ETF during the 4th quarter valued at approximately $1,271,000. Mcdonald Partners LLC acquired a new position in shares of SPDR MSCI World StrategicFactors ETF in the 4th quarter valued at $790,000. SYM FINANCIAL Corp boosted its holdings in SPDR MSCI World StrategicFactors ETF by 5.3% during the third quarter. SYM FINANCIAL Corp now owns 23,721 shares of the company’s stock worth $3,055,000 after buying an additional 1,184 shares in the last quarter. Finally, Ignite Planners LLC grew its position in SPDR MSCI World StrategicFactors ETF by 4.8% during the fourth quarter. Ignite Planners LLC now owns 22,344 shares of the company’s stock valued at $2,777,000 after buying an additional 1,021 shares during the period.

SPDR MSCI World StrategicFactors ETF Stock Performance

QWLD opened at $127.73 on Friday. The company has a fifty day moving average of $128.08 and a two-hundred day moving average of $127.71. The stock has a market capitalization of $153.28 million, a price-to-earnings ratio of 20.19 and a beta of 0.86. SPDR MSCI World StrategicFactors ETF has a fifty-two week low of $114.27 and a fifty-two week high of $131.72.

SPDR MSCI World StrategicFactors ETF 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.