SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Reaches New 12-Month High – What’s Next?

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) shares hit a new 52-week high during trading on Thursday . The company traded as high as $76.05 and last traded at $76.05, with a volume of 371 shares traded. The stock had previously closed at $74.33.

SPDR S&P Emerging Markets SmallCap ETF Trading Up 1.9%

The stock has a 50-day simple moving average of $73.16 and a 200 day simple moving average of $69.17. The company has a market cap of $752.10 million, a price-to-earnings ratio of 16.20 and a beta of 0.61.

Institutional Trading of SPDR S&P Emerging Markets SmallCap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EWX. Welch Financial Planning LLC acquired a new position in shares of SPDR S&P Emerging Markets SmallCap ETF in the 4th quarter valued at about $5,393,000. Powerhouse Assets LLC acquired a new position in shares of SPDR S&P Emerging Markets SmallCap ETF in the 4th quarter valued at about $740,000. Assetmark Inc. lifted its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 2,248,090.0% in the 4th quarter. Assetmark Inc. now owns 449,638 shares of the company’s stock valued at $29,522,000 after buying an additional 449,618 shares during the period. Apella Capital LLC lifted its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 7.0% in the 4th quarter. Apella Capital LLC now owns 122,591 shares of the company’s stock valued at $8,049,000 after buying an additional 8,065 shares during the period. Finally, Brady Martz Wealth Solutions LLC acquired a new position in shares of SPDR S&P Emerging Markets SmallCap ETF in the 4th quarter valued at about $1,931,000.

SPDR S&P Emerging Markets SmallCap ETF Company Profile

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.