SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) Reaches New 52-Week Low – Should You Sell?

SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)’s stock price hit a new 52-week low on Monday . The stock traded as low as $26.07 and last traded at $26.07, with a volume of 25150 shares traded. The stock had previously closed at $27.30.

SPDR MSCI ACWI ex-US ETF Stock Performance

The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 16.02 and a beta of 0.76. The firm’s 50 day simple moving average is $29.64 and its 200 day simple moving average is $29.28.

Institutional Investors Weigh In On SPDR MSCI ACWI ex-US ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC grew its holdings in SPDR MSCI ACWI ex-US ETF by 23.7% in the third quarter. FMR LLC now owns 6,992 shares of the company’s stock valued at $213,000 after purchasing an additional 1,338 shares during the period. Stifel Financial Corp increased its holdings in SPDR MSCI ACWI ex-US ETF by 173.7% in the 3rd quarter. Stifel Financial Corp now owns 41,855 shares of the company’s stock worth $1,274,000 after acquiring an additional 26,562 shares in the last quarter. Assetmark Inc. acquired a new position in SPDR MSCI ACWI ex-US ETF during the fourth quarter worth $81,000. Bank of New York Mellon Corp lifted its holdings in SPDR MSCI ACWI ex-US ETF by 5.2% during the fourth quarter. Bank of New York Mellon Corp now owns 55,408 shares of the company’s stock valued at $1,548,000 after purchasing an additional 2,737 shares in the last quarter. Finally, Meridian Investment Counsel Inc. lifted its holdings in SPDR MSCI ACWI ex-US ETF by 2.2% during the fourth quarter. Meridian Investment Counsel Inc. now owns 70,939 shares of the company’s stock valued at $1,982,000 after purchasing an additional 1,500 shares in the last quarter.

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.