SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Sees Strong Trading Volume – Should You Buy?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) saw unusually-high trading volume on Wednesday . Approximately 350,941 shares traded hands during trading, an increase of 54% from the previous session’s volume of 227,928 shares.The stock last traded at $28.75 and had previously closed at $28.64.

SPDR MSCI ACWI ex-US ETF Stock Up 0.5 %

The stock’s 50 day moving average price is $29.59 and its 200-day moving average price is $29.06. The stock has a market capitalization of $1.62 billion, a PE ratio of 14.16 and a beta of 0.87.

Institutional Investors Weigh In On SPDR MSCI ACWI ex-US ETF

Several hedge funds have recently bought and sold shares of CWI. Jane Street Group LLC grew its position in shares of SPDR MSCI ACWI ex-US ETF by 221.5% during the 1st quarter. Jane Street Group LLC now owns 1,910,919 shares of the company’s stock valued at $54,270,000 after acquiring an additional 1,316,533 shares during the period. Simplicity Wealth LLC grew its holdings in SPDR MSCI ACWI ex-US ETF by 6.8% in the second quarter. Simplicity Wealth LLC now owns 23,498 shares of the company’s stock valued at $665,000 after purchasing an additional 1,490 shares during the period. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of SPDR MSCI ACWI ex-US ETF by 2.2% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,207,777 shares of the company’s stock worth $34,192,000 after buying an additional 26,364 shares during the period. Opal Wealth Advisors LLC lifted its position in shares of SPDR MSCI ACWI ex-US ETF by 3.4% during the 2nd quarter. Opal Wealth Advisors LLC now owns 97,582 shares of the company’s stock valued at $2,763,000 after buying an additional 3,226 shares in the last quarter. Finally, Newman Dignan & Sheerar Inc. grew its stake in SPDR MSCI ACWI ex-US ETF by 2.1% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 35,241 shares of the company’s stock valued at $998,000 after acquiring an additional 732 shares during the period.

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.