SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Reaches New 52-Week High – Here’s Why

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $75.57 and last traded at $75.57, with a volume of 911 shares traded. The stock had previously closed at $74.43.

SPDR S&P Emerging Markets SmallCap ETF Trading Up 0.5%

The company’s 50 day moving average is $68.85 and its 200-day moving average is $67.67. The company has a market capitalization of $747.45 million, a P/E ratio of 16.20 and a beta of 0.62.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EWX. AlphaCore Capital LLC bought a new stake in SPDR S&P Emerging Markets SmallCap ETF during the 3rd quarter valued at about $48,000. 4Thought Financial Group Inc. increased its stake in SPDR S&P Emerging Markets SmallCap ETF by 57.1% during the 4th quarter. 4Thought Financial Group Inc. now owns 817 shares of the company’s stock valued at $54,000 after purchasing an additional 297 shares in the last quarter. Empowered Funds LLC bought a new stake in SPDR S&P Emerging Markets SmallCap ETF during the 4th quarter valued at about $63,000. Bank of Montreal Can increased its stake in SPDR S&P Emerging Markets SmallCap ETF by 19.5% during the 4th quarter. Bank of Montreal Can now owns 999 shares of the company’s stock valued at $66,000 after purchasing an additional 163 shares in the last quarter. Finally, BOKF NA increased its stake in SPDR S&P Emerging Markets SmallCap ETF by 200.4% during the 3rd quarter. BOKF NA now owns 1,352 shares of the company’s stock valued at $91,000 after purchasing an additional 902 shares in the last quarter.

About SPDR S&P Emerging Markets SmallCap ETF

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. The Global BMI Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million.