SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Share Price Breaks Above 200-Day Moving Average – Time to Sell?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)’s stock price passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $39.58 and traded as high as $40.05. SPDR MSCI ACWI ex-US ETF shares last traded at $39.91, with a volume of 214,905 shares traded.

SPDR MSCI ACWI ex-US ETF Trading Up 2.0%

The company has a market cap of $2.88 billion, a PE ratio of 16.06 and a beta of 0.79. The stock has a 50 day moving average price of $40.49 and a 200 day moving average price of $39.58.

Hedge Funds Weigh In On SPDR MSCI ACWI ex-US ETF

A number of institutional investors have recently added to or reduced their stakes in CWI. Mirae Asset Global Investments Co. Ltd. bought a new position in SPDR MSCI ACWI ex-US ETF during the 3rd quarter valued at approximately $136,292,000. Avantax Planning Partners Inc. purchased a new position in SPDR MSCI ACWI ex-US ETF during the third quarter valued at $87,934,000. Hengehold Capital Management LLC purchased a new position in SPDR MSCI ACWI ex-US ETF during the third quarter valued at $49,120,000. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in SPDR MSCI ACWI ex-US ETF in the third quarter worth $34,094,000. Finally, Forvis Mazars Wealth Advisors LLC bought a new stake in SPDR MSCI ACWI ex-US ETF in the third quarter worth $24,992,000.

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