SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) shares saw unusually-high trading volume on Friday . Approximately 51,405 shares were traded during mid-day trading, a decline of 7% from the previous session’s volume of 55,353 shares.The stock last traded at $41.0750 and had previously closed at $40.55.

SPDR S&P International Small Cap ETF Price Performance

The stock’s 50 day simple moving average is $40.05 and its two-hundred day simple moving average is $38.92. The stock has a market cap of $806.74 million, a P/E ratio of 14.22 and a beta of 0.88.

Hedge Funds Weigh In On SPDR S&P International Small Cap ETF

A number of large investors have recently added to or reduced their stakes in GWX. Savant Capital LLC grew its stake in SPDR S&P International Small Cap ETF by 409.5% in the 2nd quarter. Savant Capital LLC now owns 355,037 shares of the company’s stock valued at $13,200,000 after buying an additional 285,352 shares during the last quarter. HighTower Advisors LLC lifted its position in SPDR S&P International Small Cap ETF by 7.1% during the first quarter. HighTower Advisors LLC now owns 39,660 shares of the company’s stock worth $1,268,000 after acquiring an additional 2,634 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of SPDR S&P International Small Cap ETF during the first quarter worth approximately $1,167,000. Belpointe Asset Management LLC grew its position in shares of SPDR S&P International Small Cap ETF by 161.4% in the first quarter. Belpointe Asset Management LLC now owns 16,567 shares of the company’s stock valued at $529,000 after purchasing an additional 10,230 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in shares of SPDR S&P International Small Cap ETF by 27.5% during the second quarter. Cerity Partners LLC now owns 233,305 shares of the company’s stock worth $8,689,000 after purchasing an additional 50,373 shares during the period.

About SPDR S&P International Small Cap ETF

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.