Merit Financial Group LLC Makes New $794,000 Investment in SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX)

Merit Financial Group LLC purchased a new position in shares of SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,059 shares of the company’s stock, valued at approximately $794,000. Merit Financial Group LLC owned 0.09% of SPDR S&P Emerging Markets SmallCap ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of EWX. LPL Financial LLC boosted its holdings in SPDR S&P Emerging Markets SmallCap ETF by 84.3% in the third quarter. LPL Financial LLC now owns 305,045 shares of the company’s stock valued at $16,314,000 after purchasing an additional 139,539 shares in the last quarter. Venturi Wealth Management LLC acquired a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF during the third quarter worth $5,523,000. Redhawk Wealth Advisors Inc. acquired a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF during the fourth quarter worth $3,831,000. WealthPlan Investment Management LLC acquired a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF during the third quarter worth $2,759,000. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 202.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 37,479 shares of the company’s stock worth $2,116,000 after purchasing an additional 25,082 shares during the period.

SPDR S&P Emerging Markets SmallCap ETF Price Performance

Shares of NYSEARCA EWX opened at $58.01 on Tuesday. The stock has a fifty day moving average price of $56.26 and a 200 day moving average price of $55.29. SPDR S&P Emerging Markets SmallCap ETF has a 1-year low of $50.48 and a 1-year high of $58.23. The company has a market cap of $759.93 million, a PE ratio of 12.27 and a beta of 0.66.

SPDR S&P Emerging Markets SmallCap ETF Company Profile

SPDR S&P Emerging Markets Small Cap ETF (the Fund) seeks to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (the Index). The Index is a float-adjusted, market-cap weighted index that represents the small-capitalization segment of emerging countries included in the S&P Global BMI Index.