SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Reaches New 12-Month High – Still a Buy?

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) shares hit a new 52-week high on Tuesday . The stock traded as high as $45.91 and last traded at $45.88, with a volume of 4399 shares. The stock had previously closed at $45.65.

SPDR S&P International Small Cap ETF Stock Performance

The business has a 50-day simple moving average of $42.96 and a two-hundred day simple moving average of $40.93. The company has a market capitalization of $885.97 million, a price-to-earnings ratio of 14.22 and a beta of 0.88.

Institutional Trading of SPDR S&P International Small Cap ETF

Several hedge funds have recently modified their holdings of GWX. Savant Capital LLC raised its position in SPDR S&P International Small Cap ETF by 409.5% during the second quarter. Savant Capital LLC now owns 355,037 shares of the company’s stock worth $13,200,000 after acquiring an additional 285,352 shares during the last quarter. Cerity Partners LLC increased its stake in shares of SPDR S&P International Small Cap ETF by 27.5% during the 2nd quarter. Cerity Partners LLC now owns 233,305 shares of the company’s stock worth $8,689,000 after purchasing an additional 50,373 shares in the last quarter. Camelot Technology Advisors Inc. purchased a new position in shares of SPDR S&P International Small Cap ETF during the 3rd quarter worth approximately $649,000. Portside Wealth Group LLC raised its position in shares of SPDR S&P International Small Cap ETF by 7.3% during the 2nd quarter. Portside Wealth Group LLC now owns 21,167 shares of the company’s stock worth $787,000 after purchasing an additional 1,447 shares during the last quarter. Finally, Hibernia Wealth Partners LLC purchased a new stake in SPDR S&P International Small Cap ETF in the 2nd quarter valued at approximately $371,000.

About SPDR S&P International Small Cap ETF

SPDR S&P International Small Cap ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P Developed Ex-U.S. Under USD2 Billion Index (the Index), an equity index based upon the world (excluding the United States) small-cap composite market. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.