SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Large Volume Increase – Here’s Why

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) saw an uptick in trading volume on Wednesday . 84,041 shares changed hands during mid-day trading, an increase of 26% from the previous session’s volume of 66,673 shares.The stock last traded at $43.88 and had previously closed at $43.76.

SPDR S&P International Small Cap ETF Price Performance

The stock has a 50-day moving average price of $45.49 and a 200 day moving average price of $43.99. The firm has a market cap of $879.20 million, a price-to-earnings ratio of 14.22 and a beta of 0.85.

Institutional Investors Weigh In On SPDR S&P International Small Cap ETF

Several hedge funds have recently modified their holdings of the stock. Signature Equity Partners LLC purchased a new stake in shares of SPDR S&P International Small Cap ETF in the first quarter valued at approximately $32,000. O Shaughnessy Asset Management LLC raised its position in SPDR S&P International Small Cap ETF by 102.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 936 shares of the company’s stock worth $38,000 after acquiring an additional 474 shares in the last quarter. Western Wealth Management LLC purchased a new position in SPDR S&P International Small Cap ETF in the first quarter worth $50,000. Geneos Wealth Management Inc. acquired a new stake in SPDR S&P International Small Cap ETF in the first quarter valued at $54,000. Finally, JPMorgan Chase & Co. lifted its holdings in SPDR S&P International Small Cap ETF by 13.7% in the second quarter. JPMorgan Chase & Co. now owns 2,161 shares of the company’s stock valued at $80,000 after acquiring an additional 261 shares during the period.

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.