Short Interest in SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Grows By 1,599.4%

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 8,038 shares, a growth of 1,599.4% from the April 15th total of 473 shares. Based on an average trading volume of 2,515 shares, the days-to-cover ratio is presently 3.2 days. Currently, 0.6% of the company’s shares are sold short.

Institutional Investors Weigh In On SPDR MSCI World StrategicFactors ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. LPL Financial LLC increased its holdings in SPDR MSCI World StrategicFactors ETF by 4.5% in the fourth quarter. LPL Financial LLC now owns 330,750 shares of the company’s stock valued at $47,380,000 after purchasing an additional 14,155 shares during the last quarter. Raymond James Financial Inc. increased its holdings in SPDR MSCI World StrategicFactors ETF by 6.0% in the third quarter. Raymond James Financial Inc. now owns 86,786 shares of the company’s stock valued at $12,187,000 after purchasing an additional 4,931 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in SPDR MSCI World StrategicFactors ETF in the fourth quarter valued at about $7,103,000. Osaic Holdings Inc. increased its holdings in SPDR MSCI World StrategicFactors ETF by 61.1% in the fourth quarter. Osaic Holdings Inc. now owns 40,987 shares of the company’s stock valued at $5,873,000 after purchasing an additional 15,540 shares during the last quarter. Finally, Citadel Advisors LLC increased its holdings in SPDR MSCI World StrategicFactors ETF by 303.8% in the third quarter. Citadel Advisors LLC now owns 39,719 shares of the company’s stock valued at $5,578,000 after purchasing an additional 29,883 shares during the last quarter.

SPDR MSCI World StrategicFactors ETF Trading Down 0.1%

Shares of QWLD traded down $0.08 during trading hours on Monday, hitting $150.76. 1,112 shares of the stock traded hands, compared to its average volume of 3,620. SPDR MSCI World StrategicFactors ETF has a 1-year low of $129.78 and a 1-year high of $151.53. The firm has a market capitalization of $188.45 million, a PE ratio of 19.41 and a beta of 0.77. The business has a fifty day moving average of $146.78 and a 200-day moving average of $145.26.

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.