SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Short Interest Up 48.7% in August

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 5,123 shares, a growth of 48.7% from the July 30th total of 3,445 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,659 shares, the short-interest ratio is presently 3.1 days.

SPDR MSCI World StrategicFactors ETF Price Performance

Shares of NYSEARCA QWLD remained flat at $158.23 during mid-day trading on Tuesday. 1,104 shares of the stock were exchanged, compared to its average volume of 4,633. SPDR MSCI World StrategicFactors ETF has a 52 week low of $136.60 and a 52 week high of $159.78. The stock has a market cap of $177.22 million, a PE ratio of 19.41 and a beta of 0.76. The stock has a 50 day moving average of $155.25 and a 200 day moving average of $151.06.

Institutional Investors Weigh In On SPDR MSCI World StrategicFactors ETF

Several hedge funds have recently added to or reduced their stakes in QWLD. LPL Financial LLC increased its position in shares of SPDR MSCI World StrategicFactors ETF by 4.5% during the 4th 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. lifted its position in SPDR MSCI World StrategicFactors ETF by 6.0% in the 3rd quarter. Raymond James Financial Inc. now owns 86,786 shares of the company’s stock worth $12,187,000 after buying an additional 4,931 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in SPDR MSCI World StrategicFactors ETF in the fourth quarter worth approximately $7,103,000. Osaic Holdings Inc. boosted its stake 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 worth $5,873,000 after buying an additional 15,540 shares in the last quarter. Finally, Citadel Advisors LLC boosted its stake 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 worth $5,578,000 after buying an additional 29,883 shares in the last quarter.

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.