SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Large Volume Increase – Still a Buy?

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) saw an uptick in trading volume on Wednesday . Approximately 84,041 shares traded hands during mid-day trading, an increase of 26% from the previous session’s volume of 66,673 shares.The stock last traded at $43.88 and had previously closed at $43.76.

SPDR S&P International Small Cap ETF Stock Performance

The stock’s 50-day moving average price is $45.49 and its 200-day moving average price is $43.99. The company has a market capitalization of $879.20 million, a price-to-earnings ratio of 14.22 and a beta of 0.85.

Hedge Funds Weigh In On SPDR S&P International Small Cap ETF

Hedge funds have recently bought and sold shares of the company. Creative Financial Designs Inc. ADV raised its holdings in SPDR S&P International Small Cap ETF by 10.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,508 shares of the company’s stock worth $102,000 after purchasing an additional 231 shares during the last quarter. Lockerman Financial Group Inc. grew its holdings in SPDR S&P International Small Cap ETF by 2.0% in the fourth quarter. Lockerman Financial Group Inc. now owns 11,930 shares of the company’s stock valued at $487,000 after purchasing an additional 239 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in SPDR S&P International Small Cap ETF by 13.7% in the second quarter. JPMorgan Chase & Co. now owns 2,161 shares of the company’s stock valued at $80,000 after purchasing an additional 261 shares during the last quarter. Capital CS Group LLC increased its position in shares of SPDR S&P International Small Cap ETF by 5.8% in the fourth quarter. Capital CS Group LLC now owns 5,328 shares of the company’s stock valued at $218,000 after buying an additional 294 shares in the last quarter. Finally, GeoWealth Management LLC raised its stake in shares of SPDR S&P International Small Cap ETF by 2.0% during the 4th quarter. GeoWealth Management LLC now owns 15,387 shares of the company’s stock worth $629,000 after buying an additional 308 shares during the last quarter.

SPDR S&P International Small Cap ETF Company Profile

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.