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

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $37.58 and last traded at $37.5090, with a volume of 240557 shares traded. The stock had previously closed at $37.42.

SPDR MSCI ACWI ex-US ETF Price Performance

The company’s 50-day moving average price is $35.93 and its two-hundred day moving average price is $34.83. The company has a market capitalization of $2.49 billion, a price-to-earnings ratio of 16.06 and a beta of 0.78.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its stake in SPDR MSCI ACWI ex-US ETF by 2,199.6% during the fourth quarter. Farther Finance Advisors LLC now owns 51,372 shares of the company’s stock worth $1,845,000 after purchasing an additional 49,138 shares during the period. SpringVest Wealth Management LLC boosted its holdings in shares of SPDR MSCI ACWI ex-US ETF by 39.2% during the 4th quarter. SpringVest Wealth Management LLC now owns 16,287 shares of the company’s stock worth $585,000 after buying an additional 4,584 shares in the last quarter. Cooke Wealth Management LLC acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF during the 4th quarter worth approximately $215,000. Walkner Condon Financial Advisors LLC increased its stake in shares of SPDR MSCI ACWI ex-US ETF by 1.8% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 139,004 shares of the company’s stock valued at $4,993,000 after acquiring an additional 2,419 shares in the last quarter. Finally, Wealthcare Capital Management LLC bought a new stake in shares of SPDR MSCI ACWI ex-US ETF in the 4th quarter valued at $376,000.

SPDR MSCI ACWI ex-US ETF Company Profile

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. The Fund’s investment advisor is SSgA Funds Management, Inc