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

Shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) reached a new 52-week high during trading on Thursday . The company traded as high as $41.60 and last traded at $41.55, with a volume of 204924 shares trading hands. The stock had previously closed at $41.22.

SPDR MSCI ACWI ex-US ETF Stock Performance

The stock has a market cap of $2.87 billion, a price-to-earnings ratio of 16.06 and a beta of 0.76. The stock has a fifty day simple moving average of $40.31 and a two-hundred day simple moving average of $39.20.

Institutional Investors Weigh In On SPDR MSCI ACWI ex-US ETF

Several hedge funds have recently modified their holdings of CWI. Cassaday & Co Wealth Management LLC acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF during the first quarter valued at about $35,000. Fifth Third Bancorp bought a new position in SPDR MSCI ACWI ex-US ETF in the 1st quarter valued at approximately $42,000. Main Street Group LTD bought a new position in SPDR MSCI ACWI ex-US ETF in the 1st quarter valued at approximately $47,000. Kohmann Bosshard Financial Services LLC bought a new stake in SPDR MSCI ACWI ex-US ETF during the 4th quarter worth approximately $50,000. Finally, Advisory Services Network LLC acquired a new position in SPDR MSCI ACWI ex-US ETF in the 3rd quarter valued at approximately $87,000.

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. The Fund’s investment advisor is SSgA Funds Management, Inc