SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) Short Interest Update

SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 33,213 shares, a decline of 37.8% from the August 31st total of 53,387 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 78,775 shares, the short-interest ratio is currently 0.4 days.

SP Funds S&P World (ex-US) ETF Trading Down 0.3%

NYSEARCA SPWO traded down $0.11 during trading hours on Thursday, reaching $33.39. The company had a trading volume of 25,585 shares, compared to its average volume of 63,762. The stock has a 50-day moving average of $33.16 and a 200 day moving average of $32.32. SP Funds S&P World has a 1-year low of $25.51 and a 1-year high of $35.46. The stock has a market capitalization of $235.40 million, a P/E ratio of 21.74 and a beta of 0.93.

Hedge Funds Weigh In On SP Funds S&P World (ex-US) ETF

Several large investors have recently made changes to their positions in SPWO. Advocacy Wealth Management LLC boosted its position in shares of SP Funds S&P World (ex-US) ETF by 23.0% during the 2nd quarter. Advocacy Wealth Management LLC now owns 94,504 shares of the company’s stock worth $3,268,000 after purchasing an additional 17,698 shares during the period. TD Waterhouse Canada Inc. raised its position in SP Funds S&P World (ex-US) ETF by 12.3% in the second quarter. TD Waterhouse Canada Inc. now owns 56,091 shares of the company’s stock valued at $1,868,000 after purchasing an additional 6,147 shares during the period. Cetera Investment Advisers purchased a new stake in SP Funds S&P World (ex-US) ETF in the first quarter valued at approximately $486,000. Strengthening Families & Communities LLC lifted its stake in SP Funds S&P World (ex-US) ETF by 4.1% during the second quarter. Strengthening Families & Communities LLC now owns 13,253 shares of the company’s stock worth $458,000 after purchasing an additional 518 shares in the last quarter. Finally, Lido Advisors LLC lifted its stake in SP Funds S&P World (ex-US) ETF by 11.0% during the first quarter. Lido Advisors LLC now owns 12,762 shares of the company’s stock worth $360,000 after purchasing an additional 1,267 shares in the last quarter.

SP Funds S&P World (ex-US) ETF Company Profile

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.