Pitcairn Co. Reduces Stake in SPDR MSCI ACWI ex-US ETF $CWI

Pitcairn Co. trimmed its stake in SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by 6.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 692,048 shares of the company’s stock after selling 50,107 shares during the quarter. SPDR MSCI ACWI ex-US ETF makes up about 1.9% of Pitcairn Co.’s portfolio, making the stock its 9th biggest holding. Pitcairn Co. owned 1.11% of SPDR MSCI ACWI ex-US ETF worth $24,166,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CWI. Royal Bank of Canada boosted its holdings in shares of SPDR MSCI ACWI ex-US ETF by 122.5% in the 1st quarter. Royal Bank of Canada now owns 64,430 shares of the company’s stock valued at $1,906,000 after buying an additional 35,473 shares during the last quarter. Goldman Sachs Group Inc. raised its position in SPDR MSCI ACWI ex-US ETF by 180.0% during the first quarter. Goldman Sachs Group Inc. now owns 77,576 shares of the company’s stock worth $2,295,000 after acquiring an additional 49,866 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in SPDR MSCI ACWI ex-US ETF during the second quarter worth $200,000. Walkner Condon Financial Advisors LLC lifted its stake in SPDR MSCI ACWI ex-US ETF by 1.4% in the second quarter. Walkner Condon Financial Advisors LLC now owns 136,585 shares of the company’s stock valued at $4,461,000 after acquiring an additional 1,889 shares during the last quarter. Finally, Wedbush Securities Inc. bought a new position in shares of SPDR MSCI ACWI ex-US ETF in the 2nd quarter valued at about $233,000.

SPDR MSCI ACWI ex-US ETF Price Performance

SPDR MSCI ACWI ex-US ETF stock opened at $37.44 on Friday. The company’s 50-day moving average is $37.96 and its 200-day moving average is $36.00. The firm has a market capitalization of $2.47 billion, a PE ratio of 16.06 and a beta of 0.78. SPDR MSCI ACWI ex-US ETF has a fifty-two week low of $26.07 and a fifty-two week high of $40.07.

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