SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) Shares Shorted: Short Interest Down 36.0% in September

SPDR MSCI World StrategicFactors ETF (NYSEARCA:QWLD) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,336 shares, a drop of 36.0% from the August 31st total of 5,215 shares. Based on an average trading volume of 1,520 shares, the short-interest ratio is currently 2.2 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in QWLD. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR MSCI World StrategicFactors ETF by 8.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,282 shares of the company’s stock worth $802,000 after purchasing an additional 394 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of SPDR MSCI World StrategicFactors ETF during the 2nd quarter valued at about $116,000. First Heartland Consultants Inc. raised its holdings in shares of SPDR MSCI World StrategicFactors ETF by 3.2% during the 2nd quarter. First Heartland Consultants Inc. now owns 4,492 shares of the company’s stock valued at $682,000 after buying an additional 141 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of SPDR MSCI World StrategicFactors ETF during the 1st quarter valued at about $33,000. Finally, Assetmark Inc. raised 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 valued at $5,159,000 after buying an additional 755 shares in the last quarter.

SPDR MSCI World StrategicFactors ETF Stock Up 0.7%

Shares of NYSEARCA:QWLD traded up $1.09 during midday trading on Friday, reaching $155.00. 508 shares of the company traded hands, compared to its average volume of 4,267. SPDR MSCI World StrategicFactors ETF has a 12 month low of $138.27 and a 12 month high of $159.78. The firm has a market capitalization of $173.60 million, a price-to-earnings ratio of 19.41 and a beta of 0.76. The firm’s fifty day moving average price is $157.08 and its two-hundred day moving average price is $152.28.

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.