SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) Stock Crosses Above 200-Day Moving Average – Should You Sell?

SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO – Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $31.79 and traded as high as $32.14. SP Funds S&P World (ex-US) ETF shares last traded at $32.08, with a volume of 48,407 shares changing hands.

SP Funds S&P World (ex-US) ETF Stock Performance

The firm has a market capitalization of $242.51 million, a P/E ratio of 21.74 and a beta of 0.93. The stock’s 50 day simple moving average is $33.14 and its 200 day simple moving average is $31.82.

Hedge Funds Weigh In On SP Funds S&P World (ex-US) ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers bought a new stake in shares of SP Funds S&P World (ex-US) ETF in the first quarter valued at about $486,000. Advocacy Wealth Management LLC lifted its stake in SP Funds S&P World (ex-US) ETF by 23.0% in the second quarter. Advocacy Wealth Management LLC now owns 94,504 shares of the company’s stock worth $3,268,000 after acquiring an additional 17,698 shares during the period. Lido Advisors LLC lifted its stake in SP Funds S&P World (ex-US) ETF by 11.0% in the first quarter. Lido Advisors LLC now owns 12,762 shares of the company’s stock worth $360,000 after acquiring an additional 1,267 shares during the period. IFP Advisors Inc bought a new position in SP Funds S&P World (ex-US) ETF during the 3rd quarter worth about $51,000. Finally, TD Waterhouse Canada Inc. grew its holdings in SP Funds S&P World (ex-US) ETF by 20.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 67,465 shares of the company’s stock worth $2,265,000 after acquiring an additional 11,374 shares in the last quarter.

SP Funds S&P World (ex-US) ETF Company Profile

(Get Free Report)

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.

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