SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Shares Shorted: Short Interest Down 36.0% in September

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

SPDR MSCI World StrategicFactors ETF Stock Performance

SPDR MSCI World StrategicFactors ETF stock opened at $154.15 on Thursday. The firm has a market cap of $172.65 million, a price-to-earnings ratio of 19.41 and a beta of 0.76. SPDR MSCI World StrategicFactors ETF has a 1 year low of $138.27 and a 1 year high of $159.78. The firm’s 50 day moving average price is $157.04 and its two-hundred day moving average price is $152.21.

Hedge Funds Weigh In On SPDR MSCI World StrategicFactors ETF

A number of hedge funds have recently modified their holdings of QWLD. Assetmark Inc. grew its holdings 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 last quarter. Palatine Hill Wealth Management LLC acquired a new position in shares of SPDR MSCI World StrategicFactors ETF in the 4th quarter valued at $960,000. Envestnet Asset Management Inc. boosted its position in shares of SPDR MSCI World StrategicFactors ETF by 8.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,282 shares of the company’s stock valued at $802,000 after purchasing an additional 394 shares during the period. First Heartland Consultants Inc. increased its stake in SPDR MSCI World StrategicFactors ETF by 3.2% in the 2nd quarter. First Heartland Consultants Inc. now owns 4,492 shares of the company’s stock worth $682,000 after purchasing an additional 141 shares in the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new position in SPDR MSCI World StrategicFactors ETF in the 4th quarter worth about $397,000.

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.