Merit Financial Group LLC Grows Stake in SPDR MSCI ACWI ex-US ETF $CWI

Merit Financial Group LLC lifted its stake in shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by 14.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,186,018 shares of the company’s stock after purchasing an additional 390,436 shares during the period. SPDR MSCI ACWI ex-US ETF comprises 0.9% of Merit Financial Group LLC’s investment portfolio, making the stock its 22nd biggest position. Merit Financial Group LLC owned about 4.82% of SPDR MSCI ACWI ex-US ETF worth $114,442,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CWI. Blue Trust Inc. increased its stake in shares of SPDR MSCI ACWI ex-US ETF by 126.2% during the fourth quarter. Blue Trust Inc. now owns 1,174 shares of the company’s stock worth $42,000 after purchasing an additional 655 shares in the last quarter. CoreCap Advisors LLC increased its stake in shares of SPDR MSCI ACWI ex-US ETF by 36.1% during the third quarter. CoreCap Advisors LLC now owns 2,305 shares of the company’s stock worth $80,000 after purchasing an additional 612 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of SPDR MSCI ACWI ex-US ETF during the third quarter worth about $87,000. Geneos Wealth Management Inc. increased its stake in shares of SPDR MSCI ACWI ex-US ETF by 171.7% during the second quarter. Geneos Wealth Management Inc. now owns 3,948 shares of the company’s stock worth $129,000 after purchasing an additional 2,495 shares in the last quarter. Finally, AE Wealth Management LLC increased its stake in shares of SPDR MSCI ACWI ex-US ETF by 37.4% during the third quarter. AE Wealth Management LLC now owns 3,986 shares of the company’s stock worth $139,000 after purchasing an additional 1,085 shares in the last quarter.

SPDR MSCI ACWI ex-US ETF Trading Up 0.0%

CWI opened at $39.14 on Friday. The firm has a market capitalization of $2.67 billion, a PE ratio of 16.06 and a beta of 0.76. SPDR MSCI ACWI ex-US ETF has a twelve month low of $28.69 and a twelve month high of $40.07. The firm’s 50-day moving average price is $37.93 and its 200 day moving average price is $36.63.

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. The Fund’s investment advisor is SSgA Funds Management, Inc