SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Reaches New 52-Week High – Should You Buy?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)’s stock price reached a new 52-week high on Monday . The stock traded as high as $41.16 and last traded at $41.04, with a volume of 4387 shares trading hands. The stock had previously closed at $40.30.

SPDR MSCI ACWI ex-US ETF Stock Down 0.5%

The firm’s fifty day simple moving average is $39.62 and its 200-day simple moving average is $37.97. The company has a market cap of $2.78 billion, a PE ratio of 16.06 and a beta of 0.76.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. BIP Wealth LLC increased its stake in shares of SPDR MSCI ACWI ex-US ETF by 4.4% during the 1st quarter. BIP Wealth LLC now owns 7,721 shares of the company’s stock worth $283,000 after purchasing an additional 322 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in 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. Simplicity Wealth LLC raised its stake in SPDR MSCI ACWI ex-US ETF by 3.1% in the 4th quarter. Simplicity Wealth LLC now owns 13,735 shares of the company’s stock valued at $493,000 after purchasing an additional 416 shares during the last quarter. Tradition Wealth Management LLC raised its stake in SPDR MSCI ACWI ex-US ETF by 1.4% in the 4th quarter. Tradition Wealth Management LLC now owns 38,074 shares of the company’s stock valued at $1,368,000 after purchasing an additional 509 shares during the last quarter. Finally, Midwest Trust Co increased its stake in shares of SPDR MSCI ACWI ex-US ETF by 0.4% during the 1st quarter. Midwest Trust Co now owns 129,674 shares of the company’s stock valued at $4,745,000 after acquiring an additional 535 shares during the last quarter.

About SPDR MSCI ACWI ex-US ETF

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