SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Sets New 1-Year High – Time to Buy?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $40.86 and last traded at $40.80, with a volume of 3156 shares changing hands. The stock had previously closed at $40.06.

SPDR MSCI ACWI ex-US ETF Price Performance

The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 16.06 and a beta of 0.76. The stock has a 50 day moving average price of $38.36 and a two-hundred day moving average price of $37.39.

Institutional Trading of SPDR MSCI ACWI ex-US ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in CWI. Cassaday & Co Wealth Management LLC acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF in the first quarter valued at $35,000. Blue Trust Inc. increased its stake in shares of SPDR MSCI ACWI ex-US ETF by 126.2% in the fourth quarter. Blue Trust Inc. now owns 1,174 shares of the company’s stock valued at $42,000 after buying an additional 655 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF in the first quarter valued at $42,000. Main Street Group LTD acquired a new stake in SPDR MSCI ACWI ex-US ETF in the first quarter worth about $47,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR MSCI ACWI ex-US ETF in the fourth quarter worth about $50,000.

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