SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Reaches New 52-Week High – Here’s Why

Shares of SPDR S&P International Small Cap ETF (NYSEARCA:GWX) reached a new 52-week high on Tuesday . The company traded as high as $47.28 and last traded at $47.02, with a volume of 41950 shares. The stock had previously closed at $46.96.

SPDR S&P International Small Cap ETF Stock Performance

The business has a 50 day moving average of $44.07 and a two-hundred day moving average of $42.68. The firm has a market capitalization of $930 million, a price-to-earnings ratio of 14.22 and a beta of 0.85.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GWX. Cresset Asset Management LLC bought a new position in shares of SPDR S&P International Small Cap ETF in the third quarter valued at approximately $1,072,000. TIAA Trust National Association grew its holdings in shares of SPDR S&P International Small Cap ETF by 7.1% in the third quarter. TIAA Trust National Association now owns 328,485 shares of the company’s stock valued at $13,199,000 after acquiring an additional 21,784 shares in the last quarter. Park Avenue Securities LLC grew its holdings in shares of SPDR S&P International Small Cap ETF by 5.9% in the fourth quarter. Park Avenue Securities LLC now owns 231,771 shares of the company’s stock valued at $9,470,000 after acquiring an additional 13,004 shares in the last quarter. Belpointe Asset Management LLC grew its holdings in shares of SPDR S&P International Small Cap ETF by 134.4% in the fourth quarter. Belpointe Asset Management LLC now owns 36,169 shares of the company’s stock valued at $1,478,000 after acquiring an additional 20,739 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of SPDR S&P International Small Cap ETF by 3.2% in the third quarter. Envestnet Asset Management Inc. now owns 862,506 shares of the company’s stock valued at $34,655,000 after acquiring an additional 26,765 shares in the last quarter.

About SPDR S&P International Small Cap ETF

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.