SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Reaches New 52-Week High – Here’s Why

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $41.92 and last traded at $41.8710, with a volume of 90170 shares trading hands. The stock had previously closed at $41.63.

SPDR MSCI ACWI ex-US ETF Stock Up 0.6%

The stock’s fifty day simple moving average is $40.70 and its two-hundred day simple moving average is $39.56. The firm has a market cap of $2.90 billion, a PE ratio of 16.06 and a beta of 0.77.

Institutional Trading of SPDR MSCI ACWI ex-US ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Cassaday & Co Wealth Management LLC purchased a new position in SPDR MSCI ACWI ex-US ETF during the first quarter valued at $35,000. Fifth Third Bancorp purchased a new stake in shares of SPDR MSCI ACWI ex-US ETF in the first quarter worth $42,000. Ameritas Advisory Services LLC purchased a new stake in shares of SPDR MSCI ACWI ex-US ETF in the second quarter worth $42,000. Main Street Group LTD bought a new position in shares of SPDR MSCI ACWI ex-US ETF during the first quarter valued at $47,000. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of SPDR MSCI ACWI ex-US ETF by 38.6% during the second quarter. TD Waterhouse Canada Inc. now owns 1,292 shares of the company’s stock valued at $52,000 after acquiring an additional 360 shares in the last quarter.

About SPDR MSCI ACWI ex-US ETF

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