Short Interest in SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Declines By 84.1%

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

SPDR MSCI World StrategicFactors ETF Stock Up 0.1%

NYSEARCA:QWLD opened at $149.88 on Friday. The firm has a market cap 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 company’s 50-day moving average price is $150.86 and its two-hundred day moving average price is $147.61.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of QWLD. LPL Financial LLC boosted its holdings in shares of SPDR MSCI World StrategicFactors ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 330,750 shares of the company’s stock worth $47,380,000 after acquiring an additional 14,155 shares in the last quarter. Raymond James Financial Inc. increased its holdings in SPDR MSCI World StrategicFactors ETF by 6.0% during the 3rd quarter. Raymond James Financial Inc. now owns 86,786 shares of the company’s stock valued at $12,187,000 after purchasing an additional 4,931 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new position in SPDR MSCI World StrategicFactors ETF in the 4th quarter valued at $7,103,000. Osaic Holdings Inc. raised its position in SPDR MSCI World StrategicFactors ETF by 61.1% in the 4th quarter. Osaic Holdings Inc. now owns 40,987 shares of the company’s stock valued at $5,873,000 after purchasing an additional 15,540 shares during 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 purchasing an additional 29,883 shares in the last quarter.

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.