Meridian Investment Counsel Inc. Buys New Position in SPDR MSCI ACWI ex-US ETF $CWI

Meridian Investment Counsel Inc. bought a new stake in shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) in the third quarter, Holdings Channel.com reports. The fund bought 69,039 shares of the company’s stock, valued at approximately $2,790,000.

Other hedge funds have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC raised its holdings in SPDR MSCI ACWI ex-US ETF by 5.2% during the 2nd quarter. JFS Wealth Advisors LLC now owns 5,005 shares of the company’s stock worth $204,000 after purchasing an additional 247 shares during the last quarter. BIP Wealth LLC boosted its stake in shares of SPDR MSCI ACWI ex-US ETF by 4.4% in the 1st quarter. BIP Wealth LLC now owns 7,721 shares of the company’s stock valued at $283,000 after purchasing an additional 322 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of SPDR MSCI ACWI ex-US ETF by 3.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 9,079 shares of the company’s stock valued at $332,000 after purchasing an additional 334 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in shares of SPDR MSCI ACWI ex-US ETF by 38.6% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,292 shares of the company’s stock valued at $52,000 after purchasing an additional 360 shares during the last quarter. Finally, Midwest Trust Co increased its position in shares of SPDR MSCI ACWI ex-US ETF by 0.4% during the first quarter. Midwest Trust Co now owns 129,674 shares of the company’s stock worth $4,745,000 after buying an additional 535 shares during the period.

SPDR MSCI ACWI ex-US ETF Stock Down 1.1%

CWI stock opened at $39.74 on Thursday. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 16.06 and a beta of 0.77. SPDR MSCI ACWI ex-US ETF has a 12-month low of $34.19 and a 12-month high of $41.97. The company’s fifty day simple moving average is $41.04 and its 200 day simple moving average is $40.14.

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