SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Sees Large Volume Increase

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) saw strong trading volume on Wednesday . 328,577 shares traded hands during mid-day trading, an increase of 244% from the previous session’s volume of 95,495 shares.The stock last traded at $57.47 and had previously closed at $57.65.

SPDR S&P Emerging Markets SmallCap ETF Price Performance

The stock’s 50-day simple moving average is $56.29 and its two-hundred day simple moving average is $55.34. The firm has a market capitalization of $754.04 million, a P/E ratio of 12.27 and a beta of 0.66.

Institutional Investors Weigh In On SPDR S&P Emerging Markets SmallCap ETF

A number of hedge funds have recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 84.3% in the 3rd quarter. LPL Financial LLC now owns 305,045 shares of the company’s stock worth $16,314,000 after purchasing an additional 139,539 shares during the period. Venturi Wealth Management LLC purchased a new position in SPDR S&P Emerging Markets SmallCap ETF during the third quarter worth $5,523,000. Redhawk Wealth Advisors Inc. purchased a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF in the fourth quarter valued at $3,831,000. Mason & Associates Inc bought a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF in the 1st quarter worth about $3,208,000. Finally, WealthPlan Investment Management LLC bought a new position in SPDR S&P Emerging Markets SmallCap ETF during the 3rd quarter valued at about $2,759,000.

SPDR S&P Emerging Markets SmallCap ETF Company Profile

SPDR S&P Emerging Markets Small Cap ETF (the Fund) seeks to provide investment results that correspond generally to the total return performance of the S&P Emerging Markets Under USD2 Billion Index (the Index). The Index is a float-adjusted, market-cap weighted index that represents the small-capitalization segment of emerging countries included in the S&P Global BMI Index.