SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) Shares Climb 1.1% – Here’s Why

SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO)’s stock price was up 1.1% during mid-day trading on Tuesday. The stock traded as high as $34.31 and last traded at $34.31. 79,448 shares traded hands during mid-day trading, an increase of 26% from the average session volume of 63,063 shares. The stock had previously closed at $33.94.

SP Funds S&P World (ex-US) ETF Price Performance

The company has a fifty day moving average price of $33.01 and a 200 day moving average price of $32.15. The stock has a market cap of $235.34 million, a P/E ratio of 21.74 and a beta of 0.93.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Strengthening Families & Communities LLC lifted its position in shares of SP Funds S&P World (ex-US) ETF by 4.1% during the 2nd quarter. Strengthening Families & Communities LLC now owns 13,253 shares of the company’s stock worth $458,000 after buying an additional 518 shares in the last quarter. Timbuktu Capital Management LLC purchased a new stake in shares of SP Funds S&P World (ex-US) ETF during the second quarter valued at approximately $34,000. Range Advisory LLC increased its position in shares of SP Funds S&P World (ex-US) ETF by 15.5% during the second quarter. Range Advisory LLC now owns 9,147 shares of the company’s stock valued at $316,000 after acquiring an additional 1,230 shares during the last quarter. Lido Advisors LLC lifted its holdings in SP Funds S&P World (ex-US) ETF by 11.0% during the first quarter. Lido Advisors LLC now owns 12,762 shares of the company’s stock worth $360,000 after acquiring an additional 1,267 shares during the period. Finally, TD Waterhouse Canada Inc. lifted its holdings in SP Funds S&P World (ex-US) ETF by 12.3% during the second quarter. TD Waterhouse Canada Inc. now owns 56,091 shares of the company’s stock worth $1,868,000 after acquiring an additional 6,147 shares during the period.

SP Funds S&P World (ex-US) ETF Company Profile

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.