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

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $40.86 and last traded at $40.80, with a volume of 3156 shares changing hands. The stock had previously closed at $40.06.

SPDR MSCI ACWI ex-US ETF Price Performance

The firm has a market cap of $2.77 billion, a PE ratio of 16.06 and a beta of 0.76. The stock has a 50-day moving average price of $38.52 and a 200 day moving average price of $37.47.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in CWI. Royal Bank of Canada grew its position in shares of SPDR MSCI ACWI ex-US ETF by 122.5% in the first quarter. Royal Bank of Canada now owns 64,430 shares of the company’s stock valued at $1,906,000 after purchasing an additional 35,473 shares during the period. Goldman Sachs Group Inc. boosted its holdings in SPDR MSCI ACWI ex-US ETF by 180.0% in the first quarter. Goldman Sachs Group Inc. now owns 77,576 shares of the company’s stock valued at $2,295,000 after acquiring an additional 49,866 shares during the last quarter. Bank of America Corp DE boosted its holdings in SPDR MSCI ACWI ex-US ETF by 3.8% in the second quarter. Bank of America Corp DE now owns 7,855,164 shares of the company’s stock valued at $256,550,000 after acquiring an additional 289,313 shares during the last quarter. MML Investors Services LLC boosted its holdings in SPDR MSCI ACWI ex-US ETF by 2.9% in the second quarter. MML Investors Services LLC now owns 28,516 shares of the company’s stock valued at $931,000 after acquiring an additional 792 shares during the last quarter. Finally, Lantern Wealth Advisors LLC acquired a new position in SPDR MSCI ACWI ex-US ETF in the second quarter valued at $385,000.

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