N.E.W. Advisory Services LLC Cuts Stock Position in SPDR S&P International Small Cap ETF $GWX

N.E.W. Advisory Services LLC lessened its stake in shares of SPDR S&P International Small Cap ETF (NYSEARCA:GWX) by 5.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,596 shares of the company’s stock after selling 11,852 shares during the period. SPDR S&P International Small Cap ETF makes up about 0.7% of N.E.W. Advisory Services LLC’s investment portfolio, making the stock its 24th largest holding. N.E.W. Advisory Services LLC owned 0.98% of SPDR S&P International Small Cap ETF worth $7,698,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in GWX. Savant Capital LLC increased its stake in SPDR S&P International Small Cap ETF by 409.5% during the 2nd quarter. Savant Capital LLC now owns 355,037 shares of the company’s stock valued at $13,200,000 after purchasing an additional 285,352 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of SPDR S&P International Small Cap ETF during the first quarter valued at approximately $1,167,000. Cerity Partners LLC increased its position in shares of SPDR S&P International Small Cap ETF by 27.5% during the second quarter. Cerity Partners LLC now owns 233,305 shares of the company’s stock valued at $8,689,000 after acquiring an additional 50,373 shares in the last quarter. Financial Management Network Inc. purchased a new position in SPDR S&P International Small Cap ETF in the 2nd quarter worth approximately $240,000. Finally, Ameritas Advisory Services LLC purchased a new stake in SPDR S&P International Small Cap ETF during the 2nd quarter valued at $26,000.

SPDR S&P International Small Cap ETF Trading Up 0.6%

SPDR S&P International Small Cap ETF stock opened at $42.29 on Tuesday. SPDR S&P International Small Cap ETF has a 12 month low of $28.53 and a 12 month high of $42.80. The stock has a fifty day simple moving average of $40.43 and a two-hundred day simple moving average of $39.55. The firm has a market cap of $816.20 million, a price-to-earnings ratio of 14.22 and a beta of 0.88.

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.