SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Hits New 12-Month High – Here’s Why

Shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) hit a new 52-week high during trading on Monday . The stock traded as high as $31.54 and last traded at $31.50, with a volume of 123417 shares. The stock had previously closed at $31.43.

SPDR MSCI ACWI ex-US ETF Stock Up 0.5%

The stock has a market capitalization of $1.83 billion, a P/E ratio of 15.25 and a beta of 0.76. The firm has a 50-day moving average of $29.72 and a 200 day moving average of $29.21.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CWI. Signature Estate & Investment Advisors LLC increased its position in SPDR MSCI ACWI ex-US ETF by 14.7% in the first quarter. Signature Estate & Investment Advisors LLC now owns 569,021 shares of the company’s stock worth $16,832,000 after purchasing an additional 72,855 shares during the period. Goldman Sachs Group Inc. increased its position in SPDR MSCI ACWI ex-US ETF by 180.0% in the first quarter. Goldman Sachs Group Inc. now owns 77,576 shares of the company’s stock worth $2,295,000 after purchasing an additional 49,866 shares during the period. EP Wealth Advisors LLC acquired a new stake in SPDR MSCI ACWI ex-US ETF in the first quarter worth about $199,000. Royal Bank of Canada increased its position in SPDR MSCI ACWI ex-US ETF by 122.5% in the first quarter. Royal Bank of Canada now owns 64,430 shares of the company’s stock worth $1,906,000 after purchasing an additional 35,473 shares during the period. Finally, Baird Financial Group Inc. increased its position in SPDR MSCI ACWI ex-US ETF by 4.8% in the first quarter. Baird Financial Group Inc. now owns 423,027 shares of the company’s stock worth $12,513,000 after purchasing an additional 19,322 shares during the period.

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.