Clark Capital Management Group Inc. Invests $568,000 in SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX)

Clark Capital Management Group Inc. purchased a new position in shares of SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 9,696 shares of the company’s stock, valued at approximately $568,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ariadne Wealth Management LP raised its stake in shares of SPDR S&P Emerging Markets SmallCap ETF by 6.1% during the fourth quarter. Ariadne Wealth Management LP now owns 4,447 shares of the company’s stock valued at $260,000 after purchasing an additional 255 shares during the period. Assetmark Inc. increased its stake in SPDR S&P Emerging Markets SmallCap ETF by 16.8% during the 4th quarter. Assetmark Inc. now owns 2,144 shares of the company’s stock worth $126,000 after buying an additional 308 shares during the period. Comerica Bank lifted its holdings in SPDR S&P Emerging Markets SmallCap ETF by 5.2% in the 4th quarter. Comerica Bank now owns 6,715 shares of the company’s stock worth $394,000 after buying an additional 333 shares in the last quarter. Principal Securities Inc. boosted its position in SPDR S&P Emerging Markets SmallCap ETF by 7.4% in the 4th quarter. Principal Securities Inc. now owns 5,335 shares of the company’s stock valued at $313,000 after buying an additional 367 shares during the last quarter. Finally, Atomi Financial Group Inc. grew its stake in shares of SPDR S&P Emerging Markets SmallCap ETF by 3.8% during the fourth quarter. Atomi Financial Group Inc. now owns 10,480 shares of the company’s stock valued at $614,000 after acquiring an additional 383 shares in the last quarter.

SPDR S&P Emerging Markets SmallCap ETF Stock Performance

Shares of NYSEARCA EWX opened at $57.91 on Friday. The firm has a market cap of $654.38 million, a price-to-earnings ratio of 14.21 and a beta of 0.66. SPDR S&P Emerging Markets SmallCap ETF has a 1 year low of $49.47 and a 1 year high of $64.79. The stock’s 50-day simple moving average is $56.23 and its 200-day simple moving average is $58.28.

SPDR S&P Emerging Markets SmallCap ETF 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.