SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Reaches New 52-Week High – Should You Buy?

Shares of SPDR S&P International Small Cap ETF (NYSEARCA:GWX) reached a new 52-week high on Tuesday . The stock traded as high as $47.28 and last traded at $47.02, with a volume of 41950 shares. The stock had previously closed at $46.96.

SPDR S&P International Small Cap ETF Price Performance

The company has a 50 day moving average price of $44.05 and a two-hundred day moving average price of $42.59. The stock has a market cap of $940.40 million, a PE ratio of 14.22 and a beta of 0.85.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Cresset Asset Management LLC purchased a new stake in SPDR S&P International Small Cap ETF during the third quarter valued at $1,072,000. TIAA Trust National Association increased its position in SPDR S&P International Small Cap ETF by 7.1% during the third quarter. TIAA Trust National Association now owns 328,485 shares of the company’s stock valued at $13,199,000 after acquiring an additional 21,784 shares during the last quarter. Park Avenue Securities LLC increased its position in SPDR S&P International Small Cap ETF by 5.9% during the fourth quarter. Park Avenue Securities LLC now owns 231,771 shares of the company’s stock valued at $9,470,000 after acquiring an additional 13,004 shares during the last quarter. Belpointe Asset Management LLC increased its position in SPDR S&P International Small Cap ETF by 134.4% during the fourth quarter. Belpointe Asset Management LLC now owns 36,169 shares of the company’s stock valued at $1,478,000 after acquiring an additional 20,739 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in SPDR S&P International Small Cap ETF by 3.2% during the third quarter. Envestnet Asset Management Inc. now owns 862,506 shares of the company’s stock valued at $34,655,000 after acquiring an additional 26,765 shares during the last quarter.

SPDR S&P International Small Cap ETF Company Profile

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.