SPDR S&P International Dividend ETF (NYSEARCA:DWX) Sees Large Volume Increase – What’s Next?

SPDR S&P International Dividend ETF (NYSEARCA:DWX) shares saw an uptick in trading volume on Tuesday. Approximately 246,767 shares changed hands during trading, an increase of 929% from the average daily volume of 23,979 shares. The stock last traded at $47.57 and had previously closed at $47.88.

SPDR S&P International Dividend ETF Stock Performance

The company’s 50-day simple moving average is $46.82 and its 200 day simple moving average is $46.79. The company has a market cap of $521.41 million, a PE ratio of 16.00 and a beta of 0.53.

Institutional Trading of SPDR S&P International Dividend ETF

Hedge funds have recently modified their holdings of the stock. Private Advisor Group LLC acquired a new position in SPDR S&P International Dividend ETF during the 3rd quarter worth $2,312,000. BIP Wealth LLC acquired a new stake in SPDR S&P International Dividend ETF in the 3rd quarter valued at about $2,289,000. Farther Finance Advisors LLC acquired a new stake in SPDR S&P International Dividend ETF in the 3rd quarter valued at about $2,168,000. FDx Advisors Inc. purchased a new position in shares of SPDR S&P International Dividend ETF in the 3rd quarter valued at about $1,550,000. Finally, AlTi Global Inc. purchased a new position in shares of SPDR S&P International Dividend ETF in the 3rd quarter valued at about $1,173,000.

About SPDR S&P International Dividend ETF

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.