Merit Financial Group LLC Grows Holdings in SPDR MSCI ACWI ex-US ETF $CWI

Merit Financial Group LLC increased its stake in shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by 911.3% in the third quarter, HoldingsChannel.com reports. The firm owned 2,795,644 shares of the company’s stock after buying an additional 2,519,202 shares during the period. SPDR MSCI ACWI ex-US ETF accounts for approximately 0.9% of Merit Financial Group LLC’s portfolio, making the stock its 25th largest holding. Merit Financial Group LLC’s holdings in SPDR MSCI ACWI ex-US ETF were worth $97,624,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new position in SPDR MSCI ACWI ex-US ETF during the second quarter worth $34,000. First Community Trust NA acquired a new stake in shares of SPDR MSCI ACWI ex-US ETF in the second quarter valued at $43,000. CWM LLC raised its holdings in shares of SPDR MSCI ACWI ex-US ETF by 2,444.0% in the 2nd quarter. CWM LLC now owns 1,908 shares of the company’s stock valued at $62,000 after buying an additional 1,833 shares during the period. Geneos Wealth Management Inc. lifted its stake in SPDR MSCI ACWI ex-US ETF by 171.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,948 shares of the company’s stock worth $129,000 after acquiring an additional 2,495 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in SPDR MSCI ACWI ex-US ETF during the 1st quarter worth about $199,000.

SPDR MSCI ACWI ex-US ETF Price Performance

Shares of SPDR MSCI ACWI ex-US ETF stock opened at $36.09 on Wednesday. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 16.06 and a beta of 0.78. The business has a 50-day moving average of $35.44 and a 200 day moving average of $34.25. SPDR MSCI ACWI ex-US ETF has a 12 month low of $26.07 and a 12 month high of $36.21.

SPDR MSCI ACWI ex-US ETF Company Profile

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