SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Sees Large Decrease in Short Interest

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the recipient of a significant decrease in short interest in 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 company are sold short. Based on an average daily volume of 2,857 shares, the short-interest ratio is currently 0.5 days.

SPDR MSCI World StrategicFactors ETF Stock Performance

QWLD traded up $0.45 during trading on Friday, reaching $150.33. The company’s stock had a trading volume of 1,698 shares, 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. The company’s fifty day moving average price is $150.89 and its 200-day moving average price is $147.63. SPDR MSCI World StrategicFactors ETF has a 52-week low of $132.45 and a 52-week high of $153.44.

Institutional Investors Weigh In On SPDR MSCI World StrategicFactors ETF

Institutional investors have recently made changes to their positions in the stock. Mcdonald Partners LLC grew its stake in shares of SPDR MSCI World StrategicFactors ETF by 2.7% during the 4th quarter. Mcdonald Partners LLC now owns 6,550 shares of the company’s stock worth $938,000 after purchasing an additional 175 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of SPDR MSCI World StrategicFactors ETF in the fourth quarter valued at about $31,000. Triumph Capital Management purchased a new stake in SPDR MSCI World StrategicFactors ETF during the third quarter worth about $31,000. Western Wealth Management LLC purchased a new stake in SPDR MSCI World StrategicFactors ETF during the first quarter worth about $33,000. Finally, First Heartland Consultants Inc. grew its position in SPDR MSCI World StrategicFactors ETF by 7.0% during the fourth quarter. First Heartland Consultants Inc. now owns 3,937 shares of the company’s stock worth $564,000 after buying an additional 259 shares during the period.

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.