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

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

SPDR MSCI World StrategicFactors ETF Stock Up 0.1%

NYSEARCA:QWLD opened at $149.88 on Friday. The firm has a market capitalization of $187.35 million, a PE ratio of 19.41 and a beta of 0.77. SPDR MSCI World StrategicFactors ETF has a 12-month low of $132.45 and a 12-month high of $153.44. The firm has a 50-day moving average price of $150.86 and a 200 day moving average price of $147.61.

Hedge Funds Weigh In On SPDR MSCI World StrategicFactors ETF

A number of hedge funds have recently modified their holdings of QWLD. Western Wealth Management LLC acquired a new stake in SPDR MSCI World StrategicFactors ETF in the 1st quarter valued at $33,000. Assetmark Inc. raised its stake in SPDR MSCI World StrategicFactors ETF by 2.1% during the first quarter. Assetmark Inc. now owns 36,045 shares of the company’s stock worth $5,159,000 after acquiring an additional 755 shares in the last quarter. Birchwood Financial Partners Inc. acquired a new position in SPDR MSCI World StrategicFactors ETF during the fourth quarter worth $397,000. Osaic Holdings Inc. lifted its holdings in shares of SPDR MSCI World StrategicFactors ETF by 61.1% during the fourth quarter. Osaic Holdings Inc. now owns 40,987 shares of the company’s stock valued at $5,873,000 after acquiring an additional 15,540 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in shares of SPDR MSCI World StrategicFactors ETF during the fourth quarter valued at $31,000.

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.