SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Hits New 12-Month High – What’s Next?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $41.92 and last traded at $41.8710, with a volume of 90170 shares. The stock had previously closed at $41.63.

SPDR MSCI ACWI ex-US ETF Stock Performance

The stock’s 50-day simple moving average is $40.66 and its two-hundred day simple moving average is $39.54. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 16.06 and a beta of 0.77.

Institutional Investors Weigh In On SPDR MSCI ACWI ex-US ETF

Several institutional investors and hedge funds have recently bought and sold shares of CWI. Cassaday & Co Wealth Management LLC bought a new stake in shares of SPDR MSCI ACWI ex-US ETF during the first quarter worth approximately $35,000. Fifth Third Bancorp acquired a new stake in SPDR MSCI ACWI ex-US ETF in the first quarter valued at $42,000. Ameritas Advisory Services LLC acquired a new position in SPDR MSCI ACWI ex-US ETF in the 2nd quarter valued at about $42,000. Main Street Group LTD acquired a new position in shares of SPDR MSCI ACWI ex-US ETF in the first quarter valued at approximately $47,000. Finally, TD Waterhouse Canada Inc. raised its stake in SPDR MSCI ACWI ex-US ETF by 38.6% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,292 shares of the company’s stock worth $52,000 after purchasing an additional 360 shares in the last quarter.

About SPDR MSCI ACWI ex-US ETF

SPDR MSCI ACWI ex-US ETF (the Fund) seeks to closely match the returns and characteristics of the total return performance of the MSCI ACWI ex USA Index (the Index). The Index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States. The Fund’s investment advisor is SSgA Funds Management, Inc