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

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $38.83 and last traded at $38.82, with a volume of 62215 shares. The stock had previously closed at $38.49.

SPDR MSCI ACWI ex-US ETF Trading Up 0.2%

The business’s 50-day simple moving average is $36.74 and its two-hundred day simple moving average is $35.30. The company has a market capitalization of $2.58 billion, a PE ratio of 16.06 and a beta of 0.78.

Hedge Funds Weigh In On SPDR MSCI ACWI ex-US ETF

Institutional investors have recently made changes to their positions in the business. Bank of America Corp DE grew its position in shares of SPDR MSCI ACWI ex-US ETF by 4.4% during the third quarter. Bank of America Corp DE now owns 8,197,847 shares of the company’s stock worth $286,269,000 after buying an additional 342,683 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in SPDR MSCI ACWI ex-US ETF by 10.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,463,614 shares of the company’s stock valued at $160,333,000 after acquiring an additional 424,490 shares during the last quarter. Merit Financial Group LLC grew its holdings in SPDR MSCI ACWI ex-US ETF by 14.0% during the 4th quarter. Merit Financial Group LLC now owns 3,186,018 shares of the company’s stock worth $114,442,000 after acquiring an additional 390,436 shares in the last quarter. HighTower Advisors LLC grew 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 in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of SPDR MSCI ACWI ex-US ETF by 151.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,236,220 shares of the company’s stock worth $44,405,000 after purchasing an additional 744,900 shares during 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