SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Hits New 12-Month High – Time to Buy?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $32.14 and last traded at $32.08, with a volume of 50356 shares changing hands. The stock had previously closed at $32.00.

SPDR MSCI ACWI ex-US ETF Stock Performance

The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 16.01 and a beta of 0.77. The company has a 50-day moving average price of $30.27 and a 200-day moving average price of $29.52.

Institutional Trading of SPDR MSCI ACWI ex-US ETF

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE grew its position in SPDR MSCI ACWI ex-US ETF by 39.2% during the fourth quarter. Bank of America Corp DE now owns 9,297,276 shares of the company’s stock worth $259,766,000 after buying an additional 2,618,048 shares during the period. Jane Street Group LLC raised its stake in SPDR MSCI ACWI ex-US ETF by 526.8% in the 1st quarter. Jane Street Group LLC now owns 835,611 shares of the company’s stock valued at $24,717,000 after purchasing an additional 702,306 shares during the last quarter. Wealth Alliance Advisory Group LLC purchased a new position in shares of SPDR MSCI ACWI ex-US ETF during the first quarter valued at approximately $13,700,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in SPDR MSCI ACWI ex-US ETF in the 1st quarter worth about $12,617,000. Finally, Atlas Private Wealth Advisors boosted its position in shares of SPDR MSCI ACWI ex-US ETF by 220.2% in the first quarter. Atlas Private Wealth Advisors now owns 544,401 shares of the company’s stock worth $16,103,000 after acquiring an additional 374,364 shares during the last quarter.

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.