SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Strong Trading Volume – Here’s What Happened

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) shares saw unusually-strong trading volume on Wednesday . Approximately 216,128 shares traded hands during mid-day trading, an increase of 238% from the previous session’s volume of 64,029 shares.The stock last traded at $43.13 and had previously closed at $42.23.

SPDR S&P International Small Cap ETF Stock Performance

The company has a 50-day moving average of $43.93 and a 200 day moving average of $41.72. The firm has a market cap of $821.99 million, a P/E ratio of 14.22 and a beta of 0.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of SPDR S&P International Small Cap ETF by 49.2% in the 1st quarter. Royal Bank of Canada now owns 19,671 shares of the company’s stock worth $628,000 after purchasing an additional 6,489 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in SPDR S&P International Small Cap ETF by 595.1% during the 1st quarter. Jones Financial Companies Lllp now owns 21,438 shares of the company’s stock valued at $685,000 after purchasing an additional 18,354 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in SPDR S&P International Small Cap ETF in the first quarter valued at about $1,167,000. JPMorgan Chase & Co. boosted its position in SPDR S&P International Small Cap ETF by 13.7% in the second quarter. JPMorgan Chase & Co. now owns 2,161 shares of the company’s stock valued at $80,000 after buying an additional 261 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in SPDR S&P International Small Cap ETF by 27.5% during the second quarter. Cerity Partners LLC now owns 233,305 shares of the company’s stock worth $8,689,000 after buying an additional 50,373 shares during the last quarter.

SPDR S&P International Small Cap ETF Company Profile

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.