Merit Financial Group LLC Boosts Stock Position in SPDR MSCI ACWI ex-US ETF $CWI

Merit Financial Group LLC raised its holdings in shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by 911.3% in the 3rd quarter, Holdings Channel reports. The firm owned 2,795,582 shares of the company’s stock after purchasing an additional 2,519,140 shares during the quarter. SPDR MSCI ACWI ex-US ETF accounts for 0.9% of Merit Financial Group LLC’s holdings, making the stock its 25th biggest holding. Merit Financial Group LLC’s holdings in SPDR MSCI ACWI ex-US ETF were worth $97,622,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. boosted its position in SPDR MSCI ACWI ex-US ETF by 1.7% in the 1st quarter. Raymond James Financial Inc. now owns 200,408 shares of the company’s stock valued at $5,928,000 after buying an additional 3,346 shares during the period. Baird Financial Group Inc. increased its position in shares of SPDR MSCI ACWI ex-US ETF by 4.8% during the first quarter. Baird Financial Group Inc. now owns 423,027 shares of the company’s stock worth $12,513,000 after acquiring an additional 19,322 shares during the period. Royal Bank of Canada raised its stake in shares of SPDR MSCI ACWI ex-US ETF by 122.5% during the first quarter. Royal Bank of Canada now owns 64,430 shares of the company’s stock valued at $1,906,000 after acquiring an additional 35,473 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of SPDR MSCI ACWI ex-US ETF in the first quarter valued at approximately $199,000. Finally, Goldman Sachs Group Inc. grew its stake in SPDR MSCI ACWI ex-US ETF by 180.0% in the first quarter. Goldman Sachs Group Inc. now owns 77,576 shares of the company’s stock worth $2,295,000 after purchasing an additional 49,866 shares in the last quarter.

SPDR MSCI ACWI ex-US ETF Stock Up 0.2%

CWI opened at $36.09 on Wednesday. The stock’s fifty day moving average is $35.44 and its two-hundred day moving average is $34.25. The company has a market capitalization of $2.26 billion, a P/E ratio of 16.06 and a beta of 0.78. SPDR MSCI ACWI ex-US ETF has a 52 week low of $26.07 and a 52 week 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