SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Hits New 12-Month High – Should You Buy?

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) hit a new 52-week high on Monday . The stock traded as high as $75.57 and last traded at $75.57, with a volume of 911 shares traded. The stock had previously closed at $74.43.

SPDR S&P Emerging Markets SmallCap ETF Stock Performance

The firm has a 50-day moving average price of $69.14 and a two-hundred day moving average price of $67.84. The firm has a market cap of $735.97 million, a price-to-earnings ratio of 16.20 and a beta of 0.62.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in EWX. AlphaCore Capital LLC purchased a new position in SPDR S&P Emerging Markets SmallCap ETF during the 3rd quarter worth approximately $48,000. 4Thought Financial Group Inc. grew its stake in SPDR S&P Emerging Markets SmallCap ETF by 57.1% during the 4th quarter. 4Thought Financial Group Inc. now owns 817 shares of the company’s stock worth $54,000 after buying an additional 297 shares during the last quarter. Empowered Funds LLC purchased a new position in SPDR S&P Emerging Markets SmallCap ETF during the 4th quarter worth approximately $63,000. Bank of Montreal Can grew its stake in SPDR S&P Emerging Markets SmallCap ETF by 19.5% during the 4th quarter. Bank of Montreal Can now owns 999 shares of the company’s stock worth $66,000 after buying an additional 163 shares during the last quarter. Finally, BOKF NA grew its stake in SPDR S&P Emerging Markets SmallCap ETF by 200.4% during the 3rd quarter. BOKF NA now owns 1,352 shares of the company’s stock worth $91,000 after buying an additional 902 shares during the last quarter.

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. The Global BMI Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million.