SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Reaches New 12-Month Low – Should You Sell?

Shares of SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $53.59 and last traded at $53.65, with a volume of 28531 shares. The stock had previously closed at $56.26.

SPDR S&P Emerging Markets SmallCap ETF Stock Performance

The company’s 50 day moving average is $58.01 and its 200 day moving average is $59.47. The stock has a market capitalization of $615.37 million, a price-to-earnings ratio of 14.70 and a beta of 0.78.

Institutional Trading of SPDR S&P Emerging Markets SmallCap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mascagni Wealth Management Inc. bought a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF in the 4th quarter valued at approximately $58,000. Aptus Capital Advisors LLC raised its stake in SPDR S&P Emerging Markets SmallCap ETF by 10,620.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,072 shares of the company’s stock worth $63,000 after acquiring an additional 1,062 shares in the last quarter. Rialto Wealth Management LLC bought a new position in shares of SPDR S&P Emerging Markets SmallCap ETF during the fourth quarter valued at $69,000. AdvisorNet Financial Inc increased its position in shares of SPDR S&P Emerging Markets SmallCap ETF by 62.8% during the 4th quarter. AdvisorNet Financial Inc now owns 1,379 shares of the company’s stock worth $81,000 after purchasing an additional 532 shares in the last quarter. Finally, Noble Wealth Management PBC bought a new stake in SPDR S&P Emerging Markets SmallCap ETF during the 4th quarter worth approximately $100,000.

About SPDR S&P Emerging Markets SmallCap ETF

SPDR S&P Emerging Markets Small Cap ETF (the Fund) seeks to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (the Index). The Index is a float-adjusted, market-cap weighted index that represents the small-capitalization segment of emerging countries included in the S&P Global BMI Index.