SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Strong Trading Volume – Here’s Why

SPDR S&P International Dividend ETF (NYSEARCA:DWX) saw unusually-high trading volume on Wednesday . 93,842 shares were traded during mid-day trading, an increase of 309% from the previous session’s volume of 22,920 shares.The stock last traded at $47.3470 and had previously closed at $47.40.

SPDR S&P International Dividend ETF Stock Performance

The company has a 50 day moving average of $47.65 and a 200 day moving average of $46.81. The stock has a market capitalization of $524.12 million, a price-to-earnings ratio of 17.89 and a beta of 0.52.

Hedge Funds Weigh In On SPDR S&P International Dividend ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Baker Avenue Asset Management LP raised its holdings in SPDR S&P International Dividend ETF by 7.7% in the fourth quarter. Baker Avenue Asset Management LP now owns 246,657 shares of the company’s stock valued at $10,837,000 after acquiring an additional 17,635 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of SPDR S&P International Dividend ETF by 1.6% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 220,321 shares of the company’s stock valued at $10,047,000 after purchasing an additional 3,402 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR S&P International Dividend ETF by 3.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 71,765 shares of the company’s stock valued at $3,153,000 after purchasing an additional 2,220 shares during the last quarter. Dorsey Wright & Associates lifted its position in shares of SPDR S&P International Dividend ETF by 1.4% during the 4th quarter. Dorsey Wright & Associates now owns 67,756 shares of the company’s stock worth $2,977,000 after purchasing an additional 931 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of SPDR S&P International Dividend ETF during the 1st quarter worth $1,278,000.

SPDR S&P International Dividend ETF Company Profile

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.