SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Stock Short Interest Falls 36.0%

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,336 shares, a drop of 36.0% from the August 31st total of 5,215 shares. Based on an average daily volume of 1,520 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.3% of the shares of the company are short sold.

SPDR MSCI World StrategicFactors ETF Trading Down 0.4%

QWLD opened at $154.15 on Thursday. The business’s 50 day moving average is $157.04 and its 200-day moving average is $152.21. The stock has a market cap of $172.65 million, a PE ratio of 19.41 and a beta of 0.76. SPDR MSCI World StrategicFactors ETF has a twelve month low of $138.27 and a twelve month high of $159.78.

Institutional Trading of SPDR MSCI World StrategicFactors ETF

Hedge funds have recently added to or reduced their stakes in the business. Assetmark Inc. lifted its stake in shares of SPDR MSCI World StrategicFactors ETF by 2.1% in the 1st quarter. Assetmark Inc. now owns 36,045 shares of the company’s stock worth $5,159,000 after acquiring an additional 755 shares during the period. Palatine Hill Wealth Management LLC acquired a new stake in SPDR MSCI World StrategicFactors ETF in the fourth quarter worth approximately $960,000. Envestnet Asset Management Inc. lifted its position in SPDR MSCI World StrategicFactors ETF by 8.1% in the second quarter. Envestnet Asset Management Inc. now owns 5,282 shares of the company’s stock worth $802,000 after purchasing an additional 394 shares during the period. First Heartland Consultants Inc. boosted its stake in SPDR MSCI World StrategicFactors ETF by 3.2% during the 2nd quarter. First Heartland Consultants Inc. now owns 4,492 shares of the company’s stock valued at $682,000 after purchasing an additional 141 shares in the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in shares of SPDR MSCI World StrategicFactors ETF during the 4th quarter valued at $397,000.

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.