SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Reaches New 52-Week High – Should You Buy?

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) shares reached a new 52-week high on Tuesday . The company traded as high as $47.28 and last traded at $47.02, with a volume of 41950 shares traded. The stock had previously closed at $46.96.

SPDR S&P International Small Cap ETF Price Performance

The firm has a market capitalization of $940.40 million, a P/E ratio of 14.22 and a beta of 0.85. The stock’s 50-day simple moving average is $44.05 and its two-hundred day simple moving average is $42.59.

Hedge Funds Weigh In On SPDR S&P International Small Cap ETF

A number of hedge funds have recently modified their holdings of GWX. O Shaughnessy Asset Management LLC grew its position in shares of SPDR S&P International Small Cap ETF by 102.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 936 shares of the company’s stock worth $38,000 after purchasing an additional 474 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of SPDR S&P International Small Cap ETF during the third quarter worth about $41,000. Caitlin John LLC purchased a new stake in shares of SPDR S&P International Small Cap ETF during the third quarter worth about $53,000. Geneos Wealth Management Inc. purchased a new stake in shares of SPDR S&P International Small Cap ETF during the first quarter worth about $54,000. Finally, JPMorgan Chase & Co. grew its position in shares of SPDR S&P International Small Cap ETF by 13.7% during the second quarter. JPMorgan Chase & Co. now owns 2,161 shares of the company’s stock worth $80,000 after purchasing an additional 261 shares in the last quarter.

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.