SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Reaches New 1-Year High – Time to Buy?

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) reached a new 52-week high on Friday . The company traded as high as $41.39 and last traded at $41.22, with a volume of 3092 shares changing hands. The stock had previously closed at $40.97.

SPDR S&P International Small Cap ETF Stock Performance

The company has a 50-day moving average of $40.22 and a 200 day moving average of $39.24. The firm has a market cap of $807.54 million, a P/E ratio of 14.22 and a beta of 0.88.

Institutional Investors Weigh In On SPDR S&P International Small Cap ETF

Several large investors have recently made changes to their positions in GWX. Savant Capital LLC grew its stake in shares of SPDR S&P International Small Cap ETF by 409.5% during the second quarter. Savant Capital LLC now owns 355,037 shares of the company’s stock valued at $13,200,000 after purchasing an additional 285,352 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in SPDR S&P International Small Cap ETF during the 1st quarter worth $1,167,000. Cerity Partners LLC boosted its position in SPDR S&P International Small Cap ETF by 27.5% in the 2nd quarter. Cerity Partners LLC now owns 233,305 shares of the company’s stock valued at $8,689,000 after buying an additional 50,373 shares during the last quarter. Belpointe Asset Management LLC raised its position in shares of SPDR S&P International Small Cap ETF by 161.4% during the first quarter. Belpointe Asset Management LLC now owns 16,567 shares of the company’s stock worth $529,000 after acquiring an additional 10,230 shares during the last quarter. Finally, Financial Management Network Inc. acquired a new position in shares of SPDR S&P International Small Cap ETF during the second quarter valued at $240,000.

About SPDR S&P International Small Cap ETF

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.