SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Unusually-High Trading Volume – Should You Buy?

SPDR S&P International Dividend ETF (NYSEARCA:DWX) saw strong trading volume on Tuesday. Approximately 246,767 shares traded hands during trading, an increase of 929% from the average daily volume of 23,979 shares. The stock last traded at $47.57 and had previously closed at $47.88.

SPDR S&P International Dividend ETF Stock Down 0.6%

The stock has a market capitalization of $521.22 million, a PE ratio of 17.89 and a beta of 0.51. The firm has a 50 day moving average price of $46.83 and a 200-day moving average price of $46.77.

Institutional Investors Weigh In On SPDR S&P International Dividend ETF

Several large investors have recently modified their holdings of the company. Asset Dedication LLC purchased a new stake in shares of SPDR S&P International Dividend ETF in the third quarter valued at approximately $25,000. CENTRAL TRUST Co acquired a new stake in shares of SPDR S&P International Dividend ETF in the third quarter worth $32,000. Triumph Capital Management purchased a new stake in SPDR S&P International Dividend ETF during the 3rd quarter worth $35,000. IFP Advisors Inc acquired a new position in SPDR S&P International Dividend ETF in the third quarter worth about $42,000. Finally, Barrett & Company Inc. acquired a new stake in shares of SPDR S&P International Dividend ETF during the third quarter worth $43,000.

About SPDR S&P International Dividend ETF

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.