SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Hits New 52-Week High – Here’s Why

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) reached a new 52-week high during trading on Wednesday . The company traded as high as $69.62 and last traded at $69.5070, with a volume of 15150 shares changing hands. The stock had previously closed at $69.04.

SPDR S&P Emerging Markets SmallCap ETF Stock Performance

The firm has a market capitalization of $784.17 million, a PE ratio of 16.20 and a beta of 0.64. The business’s 50 day moving average price is $67.14 and its 200-day moving average price is $66.70.

Institutional Investors Weigh In On SPDR S&P Emerging Markets SmallCap ETF

Institutional investors have recently modified their holdings of the company. Bank of Montreal Can raised its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 19.5% in the 4th quarter. Bank of Montreal Can now owns 999 shares of the company’s stock valued at $66,000 after buying an additional 163 shares during the period. Smith Moore & CO. boosted its holdings in SPDR S&P Emerging Markets SmallCap ETF by 1.1% during the 3rd quarter. Smith Moore & CO. now owns 16,013 shares of the company’s stock valued at $1,078,000 after acquiring an additional 170 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in SPDR S&P Emerging Markets SmallCap ETF by 3.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,272 shares of the company’s stock valued at $327,000 after acquiring an additional 176 shares in the last quarter. Texas Yale Capital Corp. grew its position in SPDR S&P Emerging Markets SmallCap ETF by 0.5% in the 2nd quarter. Texas Yale Capital Corp. now owns 35,229 shares of the company’s stock valued at $2,185,000 after acquiring an additional 192 shares in the last quarter. Finally, Shore Point Advisors LLC increased its stake in SPDR S&P Emerging Markets SmallCap ETF by 3.2% during the fourth quarter. Shore Point Advisors LLC now owns 6,362 shares of the company’s stock worth $418,000 after purchasing an additional 195 shares during the period.

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. The Global BMI Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million.