SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Short Interest Up 312.0% in July

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 3,168 shares, an increase of 312.0% from the June 30th total of 769 shares. Based on an average daily volume of 2,401 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On SPDR MSCI World StrategicFactors ETF

A number of institutional investors and hedge funds have recently made changes to their positions in QWLD. Palatine Hill Wealth Management LLC purchased a new position in SPDR MSCI World StrategicFactors ETF in the 4th quarter worth approximately $960,000. Western Wealth Management LLC bought a new stake in shares of SPDR MSCI World StrategicFactors ETF during the 1st quarter worth $33,000. Assetmark Inc. lifted its holdings in shares of SPDR MSCI World StrategicFactors ETF by 2.1% during 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. Birchwood Financial Partners Inc. purchased a new position in SPDR MSCI World StrategicFactors ETF in the fourth quarter worth $397,000. Finally, Kestra Advisory Services LLC purchased a new position in SPDR MSCI World StrategicFactors ETF in the fourth quarter worth $31,000.

SPDR MSCI World StrategicFactors ETF Stock Up 0.7%

QWLD stock opened at $152.84 on Friday. The firm has a market capitalization of $171.18 million, a PE ratio of 19.41 and a beta of 0.76. SPDR MSCI World StrategicFactors ETF has a twelve month low of $132.45 and a twelve month high of $154.05. The stock has a 50-day simple moving average of $152.00 and a two-hundred day simple moving average of $149.00.

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.