SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Sees Large Volume Increase – Time to Buy?

Shares of SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) saw an uptick in trading volume on Tuesday . 101,606 shares traded hands during trading, an increase of 244% from the previous session’s volume of 29,496 shares.The stock last traded at $66.8450 and had previously closed at $67.53.

SPDR S&P Emerging Markets SmallCap ETF Stock Down 0.8%

The stock has a market cap of $723.71 million, a P/E ratio of 16.20 and a beta of 0.64. The business’s 50-day simple moving average is $67.10 and its two-hundred day simple moving average is $63.26.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC increased its holdings in SPDR S&P Emerging Markets SmallCap ETF by 21.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,680 shares of the company’s stock valued at $113,000 after purchasing an additional 300 shares during the period. CWM LLC increased its stake in shares of SPDR S&P Emerging Markets SmallCap ETF by 75.8% during the first quarter. CWM LLC now owns 1,992 shares of the company’s stock valued at $113,000 after buying an additional 859 shares during the period. Hardin Capital Partners LLC purchased a new position in shares of SPDR S&P Emerging Markets SmallCap ETF during the third quarter valued at approximately $214,000. Falcon Wealth Planning purchased a new position in shares of SPDR S&P Emerging Markets SmallCap ETF during the third quarter valued at about $215,000. Finally, Investment Advisory Group LLC purchased a new position in shares of SPDR S&P Emerging Markets SmallCap ETF during the second quarter valued at about $200,000.

SPDR S&P Emerging Markets SmallCap ETF Company Profile

SPDR S&P Emerging Markets Small Cap ETF (the Fund) seeks to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (the Index). The Index is a float-adjusted, market-cap weighted index that represents the small-capitalization segment of emerging countries included in the S&P Global BMI Index.