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

SPDR S&P International Small Cap ETF (NYSEARCA:GWX) hit a new 52-week high on Thursday . The stock traded as high as $41.97 and last traded at $41.78, with a volume of 51425 shares changing hands. The stock had previously closed at $41.76.

SPDR S&P International Small Cap ETF Price Performance

The business’s 50 day simple moving average is $40.38 and its 200-day simple moving average is $39.47. The stock has a market capitalization of $811.18 million, a P/E ratio of 14.22 and a beta of 0.88.

Institutional Investors Weigh In On SPDR S&P International Small Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in SPDR S&P International Small Cap ETF by 3.2% during the third quarter. Envestnet Asset Management Inc. now owns 862,506 shares of the company’s stock worth $34,655,000 after buying an additional 26,765 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its stake in SPDR S&P International Small Cap ETF by 10.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 527,781 shares of the company’s stock worth $21,206,000 after acquiring an additional 51,104 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in SPDR S&P International Small Cap ETF by 2.9% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 527,155 shares of the company’s stock valued at $21,181,000 after purchasing an additional 14,907 shares during the period. Osaic Holdings Inc. increased its stake in SPDR S&P International Small Cap ETF by 29.1% in the second quarter. Osaic Holdings Inc. now owns 520,824 shares of the company’s stock valued at $18,891,000 after purchasing an additional 117,282 shares in the last quarter. Finally, Orion Porfolio Solutions LLC increased its stake in SPDR S&P International Small Cap ETF by 1,491.5% in the second quarter. Orion Porfolio Solutions LLC now owns 467,240 shares of the company’s stock valued at $17,372,000 after purchasing an additional 437,881 shares in the last quarter.

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.