SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Large Volume Increase – Still a Buy?

SPDR S&P International Dividend ETF (NYSEARCA:DWX) shares saw unusually-high trading volume on Wednesday. 131,231 shares changed hands during trading, an increase of 442% from the previous session’s volume of 24,211 shares. The stock last traded at $45.25 and had previously closed at $45.35.

SPDR S&P International Dividend ETF Stock Up 0.3%

The firm’s 50 day simple moving average is $47.33 and its 200 day simple moving average is $46.81. The company has a market cap of $506.10 million, a price-to-earnings ratio of 17.89 and a beta of 0.51.

Institutional Trading of SPDR S&P International Dividend ETF

Several large investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new stake in shares of SPDR S&P International Dividend ETF in the 3rd quarter worth $2,168,000. Elevation Point Wealth Partners LLC bought a new position in SPDR S&P International Dividend ETF during the first quarter valued at about $1,278,000. Heartwood Wealth Advisors LLC bought a new position in SPDR S&P International Dividend ETF during the third quarter valued at about $1,139,000. Winebrenner Capital Management LLC acquired a new position in SPDR S&P International Dividend ETF during the third quarter worth about $863,000. Finally, Hyundai Investments Co. Ltd. acquired a new position in SPDR S&P International Dividend ETF during the fourth quarter worth about $539,000.

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.