SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Sees Strong Trading Volume – What’s Next?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) saw an uptick in trading volume on Wednesday . 632,476 shares were traded during mid-day trading, an increase of 123% from the previous session’s volume of 283,336 shares.The stock last traded at $40.91 and had previously closed at $41.53.

SPDR MSCI ACWI ex-US ETF Stock Down 1.6%

The stock has a market capitalization of $2.85 billion, a P/E ratio of 16.06 and a beta of 0.77. The stock’s 50 day moving average price is $40.90 and its 200-day moving average price is $39.72.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. lifted its stake in shares of SPDR MSCI ACWI ex-US ETF by 2.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,580,294 shares of the company’s stock worth $167,593,000 after purchasing an additional 116,680 shares during the last quarter. Avantax Planning Partners Inc. raised its holdings in SPDR MSCI ACWI ex-US ETF by 1.6% in the first quarter. Avantax Planning Partners Inc. now owns 2,300,372 shares of the company’s stock worth $84,171,000 after purchasing an additional 35,798 shares in the last quarter. Lodestar Private Asset Management LLC lifted its position in shares of SPDR MSCI ACWI ex-US ETF by 2.8% during the first quarter. Lodestar Private Asset Management LLC now owns 856,984 shares of the company’s stock valued at $31,357,000 after buying an additional 22,990 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of SPDR MSCI ACWI ex-US ETF by 2.5% during the first quarter. Private Advisor Group LLC now owns 596,375 shares of the company’s stock valued at $21,821,000 after buying an additional 14,360 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its holdings in shares of SPDR MSCI ACWI ex-US ETF by 5.2% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 438,792 shares of the company’s stock valued at $15,761,000 after buying an additional 21,583 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