SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Sees Strong Trading Volume – Time to Buy?

Shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) saw unusually-high trading volume on Wednesday . Approximately 350,941 shares were traded during trading, an increase of 54% from the previous session’s volume of 227,928 shares.The stock last traded at $28.75 and had previously closed at $28.64.

SPDR MSCI ACWI ex-US ETF Stock Performance

The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 14.16 and a beta of 0.87. The firm’s 50-day moving average price is $29.55 and its two-hundred day moving average price is $29.05.

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

Several large investors have recently modified their holdings of CWI. Simplicity Wealth LLC grew its holdings in shares of SPDR MSCI ACWI ex-US ETF by 6.8% in the 2nd quarter. Simplicity Wealth LLC now owns 23,498 shares of the company’s stock worth $665,000 after purchasing an additional 1,490 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of SPDR MSCI ACWI ex-US ETF by 2.2% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,207,777 shares of the company’s stock valued at $34,192,000 after acquiring an additional 26,364 shares during the last quarter. Opal Wealth Advisors LLC boosted its holdings in shares of SPDR MSCI ACWI ex-US ETF by 3.4% in the 2nd quarter. Opal Wealth Advisors LLC now owns 97,582 shares of the company’s stock worth $2,763,000 after acquiring an additional 3,226 shares in the last quarter. Newman Dignan & Sheerar Inc. grew its position in SPDR MSCI ACWI ex-US ETF by 2.1% during the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 35,241 shares of the company’s stock worth $998,000 after acquiring an additional 732 shares during the last quarter. Finally, Sterling Group Wealth Management LLC acquired a new stake in SPDR MSCI ACWI ex-US ETF during the 2nd quarter valued at $4,230,000.

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.