SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Short Interest Update

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 5,123 shares, a growth of 48.7% from the July 30th total of 3,445 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 1,659 shares, the short-interest ratio is presently 3.1 days.

SPDR MSCI World StrategicFactors ETF Price Performance

Shares of NYSEARCA QWLD remained flat at $157.28 during midday trading on Wednesday. The stock had a trading volume of 852 shares, compared to its average volume of 4,610. The company has a market capitalization of $176.15 million, a price-to-earnings ratio of 19.41 and a beta of 0.76. SPDR MSCI World StrategicFactors ETF has a one year low of $136.60 and a one year high of $159.78. The business has a 50 day moving average of $155.40 and a 200 day moving average of $151.11.

Hedge Funds Weigh In On SPDR MSCI World StrategicFactors ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Palatine Hill Wealth Management LLC acquired a new stake in SPDR MSCI World StrategicFactors ETF during the 4th quarter worth approximately $960,000. International Assets Investment Management LLC acquired a new position in SPDR MSCI World StrategicFactors ETF in the 4th quarter valued at $120,000. Fingerlakes Wealth Management Inc. grew its holdings in SPDR MSCI World StrategicFactors ETF by 6.1% in the 4th quarter. Fingerlakes Wealth Management Inc. now owns 30,265 shares of the company’s stock valued at $4,335,000 after buying an additional 1,736 shares in the last quarter. Raymond James Financial Inc. increased its position in SPDR MSCI World StrategicFactors ETF by 6.0% during the 3rd quarter. Raymond James Financial Inc. now owns 86,786 shares of the company’s stock worth $12,187,000 after buying an additional 4,931 shares during the period. Finally, Osaic Holdings Inc. increased its position in SPDR MSCI World StrategicFactors ETF by 61.1% during the 4th quarter. Osaic Holdings Inc. now owns 40,987 shares of the company’s stock worth $5,873,000 after buying an additional 15,540 shares during the period.

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.