SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Large Volume Increase – Here’s What Happened

SPDR S&P International Dividend ETF (NYSEARCA:DWX) saw unusually-strong trading volume on Monday . Approximately 32,135 shares changed hands during trading, an increase of 31% from the previous session’s volume of 24,550 shares.The stock last traded at $47.76 and had previously closed at $47.88.

SPDR S&P International Dividend ETF Price Performance

The company has a market capitalization of $526.53 million, a PE ratio of 17.89 and a beta of 0.52. The company’s 50 day simple moving average is $46.74 and its 200 day simple moving average is $46.45.

Institutional Investors Weigh In On SPDR S&P International Dividend ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its holdings in shares of SPDR S&P International Dividend ETF by 1.0% in the 3rd quarter. Bank of America Corp DE now owns 718,349 shares of the company’s stock valued at $30,674,000 after purchasing an additional 6,991 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of SPDR S&P International Dividend ETF by 2.7% in the fourth quarter. Wells Fargo & Company MN now owns 635,342 shares of the company’s stock valued at $27,914,000 after acquiring an additional 16,646 shares during the period. UBS Group AG boosted its holdings in shares of SPDR S&P International Dividend ETF by 10.9% in the fourth quarter. UBS Group AG now owns 459,622 shares of the company’s stock valued at $20,193,000 after acquiring an additional 45,186 shares during the period. Columbia River Financial Group LLC grew its position in shares of SPDR S&P International Dividend ETF by 3.1% during the fourth quarter. Columbia River Financial Group LLC now owns 281,007 shares of the company’s stock worth $12,346,000 after acquiring an additional 8,408 shares during the last quarter. Finally, Baker Avenue Asset Management LP grew its position in shares of SPDR S&P International Dividend ETF by 7.7% during the fourth quarter. Baker Avenue Asset Management LP now owns 246,657 shares of the company’s stock worth $10,837,000 after acquiring an additional 17,635 shares during the last quarter.

About SPDR S&P International Dividend ETF

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.