SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sets New 52-Week High – Should You Buy?

SPDR S&P International Dividend ETF (NYSEARCA:DWX) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $44.10 and last traded at $44.0860, with a volume of 208 shares changing hands. The stock had previously closed at $43.69.

SPDR S&P International Dividend ETF Price Performance

The firm’s fifty day simple moving average is $43.16 and its 200 day simple moving average is $42.71. The company has a market capitalization of $497.58 million, a PE ratio of 17.89 and a beta of 0.60.

Institutional Trading of SPDR S&P International Dividend ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Baker Avenue Asset Management LP boosted its stake in shares of SPDR S&P International Dividend ETF by 161.2% during the 2nd quarter. Baker Avenue Asset Management LP now owns 210,444 shares of the company’s stock worth $8,870,000 after acquiring an additional 129,874 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of SPDR S&P International Dividend ETF by 253.4% in the 1st quarter. Jones Financial Companies Lllp now owns 103,457 shares of the company’s stock valued at $3,969,000 after purchasing an additional 74,182 shares in the last quarter. Dorsey Wright & Associates acquired a new position in SPDR S&P International Dividend ETF in the 2nd quarter worth about $2,812,000. Jane Street Group LLC purchased a new position in SPDR S&P International Dividend ETF during the second quarter worth approximately $2,435,000. Finally, Concord Asset Management LLC VA grew its holdings in SPDR S&P International Dividend ETF by 28.5% in the second quarter. Concord Asset Management LLC VA now owns 228,260 shares of the company’s stock valued at $9,621,000 after purchasing an additional 50,561 shares during the period.

SPDR S&P International Dividend ETF Company Profile

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index.