SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Sets New 52-Week High – Should You Buy?

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) reached a new 52-week high on Wednesday . The stock traded as high as $69.44 and last traded at $69.29, with a volume of 11042 shares changing hands. The stock had previously closed at $69.00.

SPDR S&P Emerging Markets SmallCap ETF Price Performance

The business has a 50-day simple moving average of $66.81 and a 200 day simple moving average of $66.49. The firm has a market cap of $783.88 million, a PE ratio of 16.20 and a beta of 0.64.

Institutional Investors Weigh In On SPDR S&P Emerging Markets SmallCap ETF

Institutional investors have recently bought and sold shares of the business. Focus Partners Advisor Solutions LLC bought a new stake in SPDR S&P Emerging Markets SmallCap ETF during the 4th quarter valued at approximately $1,977,000. O Shaughnessy Asset Management LLC grew its stake in SPDR S&P Emerging Markets SmallCap ETF by 15.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,487 shares of the company’s stock valued at $163,000 after acquiring an additional 340 shares in the last quarter. Greenspring Advisors LLC lifted its stake in SPDR S&P Emerging Markets SmallCap ETF by 269.4% in the 4th quarter. Greenspring Advisors LLC now owns 14,658 shares of the company’s stock worth $962,000 after purchasing an additional 10,690 shares in the last quarter. Johnson Financial Group LLC boosted its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 25.9% during the 4th quarter. Johnson Financial Group LLC now owns 60,964 shares of the company’s stock valued at $4,003,000 after purchasing an additional 12,542 shares during the last quarter. Finally, Texas Yale Capital Corp. grew its position in shares of SPDR S&P Emerging Markets SmallCap ETF by 13.2% during the fourth quarter. Texas Yale Capital Corp. now owns 43,256 shares of the company’s stock valued at $2,840,000 after purchasing an additional 5,054 shares in the last quarter.

About SPDR S&P Emerging Markets SmallCap ETF

SPDR S&P Emerging Markets Small Cap ETF (the Fund) seeks to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (the Index). The Index is a float-adjusted, market-cap weighted index that represents the small-capitalization segment of emerging countries included in the S&P Global BMI Index. The Global BMI Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million.