SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Sets New 12-Month High – Here’s Why

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $38.83 and last traded at $38.82, with a volume of 62215 shares traded. The stock had previously closed at $38.49.

SPDR MSCI ACWI ex-US ETF Price Performance

The firm has a fifty day moving average price of $36.57 and a two-hundred day moving average price of $35.22. The stock has a market capitalization of $2.57 billion, a PE ratio of 16.06 and a beta of 0.78.

Institutional Trading of SPDR MSCI ACWI ex-US ETF

Several institutional investors and hedge funds have recently bought and sold shares of CWI. Cetera Investment Advisers boosted its stake in shares of SPDR MSCI ACWI ex-US ETF by 6.7% during the second quarter. Cetera Investment Advisers now owns 45,765 shares of the company’s stock worth $1,495,000 after buying an additional 2,876 shares during the period. US Bancorp DE acquired a new stake in SPDR MSCI ACWI ex-US ETF during the 2nd quarter worth approximately $829,000. Envestnet Asset Management Inc. grew its stake in shares of SPDR MSCI ACWI ex-US ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 617,595 shares of the company’s stock valued at $20,171,000 after purchasing an additional 3,637 shares during the last quarter. Merit Financial Group LLC increased its holdings in shares of SPDR MSCI ACWI ex-US ETF by 911.3% in the third quarter. Merit Financial Group LLC now owns 2,795,582 shares of the company’s stock valued at $97,622,000 after purchasing an additional 2,519,140 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in shares of SPDR MSCI ACWI ex-US ETF in the second quarter valued at approximately $34,000.

SPDR MSCI ACWI ex-US ETF Company Profile

SPDR MSCI ACWI ex-US ETF (the Fund) seeks to closely match the returns and characteristics of the total return performance of the MSCI ACWI ex USA Index (the Index). The Index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The Fund’s investment advisor is SSgA Funds Management, Inc