SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Reaches New 52-Week High – Here’s Why

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $45.91 and last traded at $45.88, with a volume of 4399 shares trading hands. The stock had previously closed at $45.65.

SPDR S&P International Small Cap ETF Price Performance

The firm has a market cap of $885.97 million, a price-to-earnings ratio of 14.22 and a beta of 0.88. The stock has a 50-day moving average price of $42.96 and a 200 day moving average price of $40.93.

Institutional Investors Weigh In On SPDR S&P International Small Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. WealthPoint Financial LLC purchased a new position in shares of SPDR S&P International Small Cap ETF during the fourth quarter worth approximately $290,000. Axxcess Wealth Management LLC boosted its stake in SPDR S&P International Small Cap ETF by 21.2% during the 4th quarter. Axxcess Wealth Management LLC now owns 17,233 shares of the company’s stock worth $704,000 after purchasing an additional 3,012 shares during the period. Corient Private Wealth LLC boosted its stake in SPDR S&P International Small Cap ETF by 45.7% during the 4th quarter. Corient Private Wealth LLC now owns 15,201 shares of the company’s stock worth $622,000 after purchasing an additional 4,768 shares during the period. Empowered Funds LLC purchased a new position in SPDR S&P International Small Cap ETF during the 4th quarter worth $92,000. Finally, Wellington Management Group LLP increased its stake in SPDR S&P International Small Cap ETF by 566.0% in the fourth quarter. Wellington Management Group LLP now owns 52,984 shares of the company’s stock valued at $2,165,000 after purchasing an additional 45,028 shares during the period.

About SPDR S&P International Small Cap ETF

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.