SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Hits New 12-Month High – Still a Buy?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $31.54 and last traded at $31.50, with a volume of 123417 shares changing hands. The stock had previously closed at $31.43.

SPDR MSCI ACWI ex-US ETF Stock Up 0.4%

The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 15.25 and a beta of 0.76. The stock has a 50 day simple moving average of $29.80 and a 200 day simple moving average of $29.24.

Institutional Trading of SPDR MSCI ACWI ex-US ETF

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC increased its stake in SPDR MSCI ACWI ex-US ETF by 526.8% during the 1st quarter. Jane Street Group LLC now owns 835,611 shares of the company’s stock valued at $24,717,000 after purchasing an additional 702,306 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of SPDR MSCI ACWI ex-US ETF by 14.7% during the first quarter. Signature Estate & Investment Advisors LLC now owns 569,021 shares of the company’s stock worth $16,832,000 after acquiring an additional 72,855 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of SPDR MSCI ACWI ex-US ETF by 180.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 77,576 shares of the company’s stock worth $2,295,000 after acquiring an additional 49,866 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF in the 1st quarter worth about $199,000. Finally, Royal Bank of Canada lifted its position in SPDR MSCI ACWI ex-US ETF by 122.5% in the 1st quarter. Royal Bank of Canada now owns 64,430 shares of the company’s stock valued at $1,906,000 after acquiring an additional 35,473 shares in 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.