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

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,354 shares, a decrease of 84.1% from the May 31st total of 8,515 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,857 shares, the days-to-cover ratio is currently 0.5 days.

SPDR MSCI World StrategicFactors ETF Trading Up 0.3%

QWLD traded up $0.45 during midday trading on Friday, hitting $150.33. 1,698 shares of the company traded hands, compared to its average volume of 5,710. The company has a market capitalization of $187.91 million, a price-to-earnings ratio of 19.41 and a beta of 0.77. SPDR MSCI World StrategicFactors ETF has a 52-week low of $132.45 and a 52-week high of $153.44. The business has a 50 day simple moving average of $150.89 and a two-hundred day simple moving average of $147.63.

Institutional Investors Weigh In On SPDR MSCI World StrategicFactors ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new position in shares of SPDR MSCI World StrategicFactors ETF during the 3rd quarter worth approximately $31,000. Kestra Advisory Services LLC purchased a new position in SPDR MSCI World StrategicFactors ETF during the fourth quarter worth about $31,000. Western Wealth Management LLC purchased a new stake in shares of SPDR MSCI World StrategicFactors ETF in the 1st quarter valued at approximately $33,000. International Assets Investment Management LLC purchased a new stake in shares of SPDR MSCI World StrategicFactors ETF in the 4th quarter valued at approximately $120,000. Finally, Susquehanna International Group LLP acquired a new position in shares of SPDR MSCI World StrategicFactors ETF in the 3rd quarter worth approximately $288,000.

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.