SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Short Interest Down 48.3% in July

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 218,184 shares, a decrease of 48.3% from the June 30th total of 421,698 shares. Based on an average trading volume of 205,454 shares, the short-interest ratio is currently 1.1 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in SPDR MSCI ACWI ex-US ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 8,197,847 shares of the company’s stock valued at $286,269,000 after purchasing an additional 342,683 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of SPDR MSCI ACWI ex-US ETF by 2.6% in the first quarter. PNC Financial Services Group Inc. now owns 4,580,294 shares of the company’s stock valued at $167,593,000 after buying an additional 116,680 shares during the period. Merit Financial Group LLC boosted its holdings in SPDR MSCI ACWI ex-US ETF by 14.0% in the 4th quarter. Merit Financial Group LLC now owns 3,186,018 shares of the company’s stock worth $114,442,000 after buying an additional 390,436 shares during the period. Avantax Planning Partners Inc. grew its holdings in SPDR MSCI ACWI ex-US ETF by 1.6% during the 1st quarter. Avantax Planning Partners Inc. now owns 2,300,372 shares of the company’s stock valued at $84,171,000 after buying an additional 35,798 shares in the last quarter. Finally, HighTower Advisors LLC increased its holdings in SPDR MSCI ACWI ex-US ETF by 2.0% during the 4th quarter. HighTower Advisors LLC now owns 1,755,275 shares of the company’s stock worth $63,049,000 after acquiring an additional 34,244 shares during the period.

SPDR MSCI ACWI ex-US ETF Price Performance

NYSEARCA CWI traded down $0.07 during mid-day trading on Wednesday, reaching $39.42. 262,121 shares of the stock were exchanged, compared to its average volume of 302,505. SPDR MSCI ACWI ex-US ETF has a one year low of $31.97 and a one year high of $41.41. The stock has a 50 day simple moving average of $40.25 and a 200-day simple moving average of $38.93. The stock has a market cap of $2.72 billion, a P/E ratio of 16.06 and a beta of 0.76.

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