SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Hits New 1-Year High at $28.57

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 $28.57 and last traded at $28.56, with a volume of 117763 shares traded. The stock had previously closed at $28.37.

SPDR MSCI ACWI ex-US ETF Stock Performance

The stock’s 50-day moving average price is $27.99 and its 200-day moving average price is $26.82. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 14.16 and a beta of 0.87.

Hedge Funds Weigh In On SPDR MSCI ACWI ex-US ETF

Several hedge funds have recently added to or reduced their stakes in CWI. Scarborough Advisors LLC acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF during the 4th quarter worth about $25,000. Principal Securities Inc. acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF during the 4th quarter worth about $27,000. Joseph Group Capital Management boosted its stake in shares of SPDR MSCI ACWI ex-US ETF by 61.5% during the 4th quarter. Joseph Group Capital Management now owns 1,523 shares of the company’s stock worth $41,000 after purchasing an additional 580 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of SPDR MSCI ACWI ex-US ETF by 41.1% during the 4th quarter. Geneos Wealth Management Inc. now owns 2,748 shares of the company’s stock worth $74,000 after purchasing an additional 800 shares during the last quarter. Finally, Lowe Wealth Advisors LLC acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF during the 4th quarter worth about $77,000.

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.