SPDR S&P International Small Cap ETF (NYSEARCA:GWX) Sees Large Volume Increase – Still a Buy?

Shares of SPDR S&P International Small Cap ETF (NYSEARCA:GWX) saw unusually-high trading volume on Wednesday . Approximately 208,315 shares traded hands during mid-day trading, an increase of 220% from the previous session’s volume of 65,088 shares.The stock last traded at $43.40 and had previously closed at $43.49.

SPDR S&P International Small Cap ETF Stock Down 0.7%

The company has a market cap of $863.80 million, a P/E ratio of 14.22 and a beta of 0.85. The company’s 50-day moving average is $45.67 and its two-hundred day moving average is $43.89.

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

Large investors have recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC raised its stake in shares of SPDR S&P International Small Cap ETF by 1,491.5% during the 2nd 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 during the period. Citadel Advisors LLC purchased a new position in SPDR S&P International Small Cap ETF in the third quarter worth $4,217,000. Wilmington Savings Fund Society FSB boosted its holdings in shares of SPDR S&P International Small Cap ETF by 10.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 527,781 shares of the company’s stock worth $21,206,000 after purchasing an additional 51,104 shares in the last quarter. N.E.W. Advisory Services LLC grew its position in SPDR S&P International Small Cap ETF by 24.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 237,691 shares of the company’s stock valued at $9,712,000 after acquiring an additional 46,095 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of SPDR S&P International Small Cap ETF by 566.0% during the 4th quarter. Wellington Management Group LLP now owns 52,984 shares of the company’s stock valued at $2,165,000 after purchasing an additional 45,028 shares during 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.