SPDR S&P International Dividend ETF (NYSEARCA:DWX) Hits New 52-Week High – Time to Buy?

SPDR S&P International Dividend ETF (NYSEARCA:DWX)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $45.86 and last traded at $45.8550, with a volume of 6185 shares. The stock had previously closed at $45.65.

SPDR S&P International Dividend ETF Price Performance

The stock has a market cap of $501.40 million, a P/E ratio of 17.89 and a beta of 0.60. The stock’s fifty day simple moving average is $44.11 and its 200-day simple moving average is $43.26.

Hedge Funds Weigh In On SPDR S&P International Dividend ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC lifted its stake in shares of SPDR S&P International Dividend ETF by 53.5% in the 3rd quarter. CWM LLC now owns 1,070 shares of the company’s stock worth $46,000 after acquiring an additional 373 shares during the period. Harbor Investment Advisory LLC lifted its holdings in SPDR S&P International Dividend ETF by 87.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 1,555 shares of the company’s stock valued at $68,000 after acquiring an additional 725 shares during the last quarter. Sage Mountain Advisors LLC bought a new position in shares of SPDR S&P International Dividend ETF during the 3rd quarter valued at about $88,000. Milestone Investment Advisors LLC grew its stake in shares of SPDR S&P International Dividend ETF by 88.2% in the 3rd quarter. Milestone Investment Advisors LLC now owns 2,351 shares of the company’s stock worth $100,000 after purchasing an additional 1,102 shares during the last quarter. Finally, Captrust Financial Advisors bought a new stake in shares of SPDR S&P International Dividend ETF in the 2nd quarter worth approximately $201,000.

About SPDR S&P International Dividend ETF

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.