SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Reaches New 12-Month High – What’s Next?

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $76.05 and last traded at $76.05, with a volume of 371 shares changing hands. The stock had previously closed at $74.33.

SPDR S&P Emerging Markets SmallCap ETF Price Performance

The business has a fifty day simple moving average of $73.16 and a 200 day simple moving average of $69.17. The firm has a market cap of $752.10 million, a price-to-earnings ratio of 16.20 and a beta of 0.61.

Hedge Funds Weigh In On SPDR S&P Emerging Markets SmallCap ETF

Hedge funds have recently made changes to their positions in the company. Welch Financial Planning LLC acquired a new position in shares of SPDR S&P Emerging Markets SmallCap ETF during the fourth quarter valued at approximately $5,393,000. Powerhouse Assets LLC acquired a new position in shares of SPDR S&P Emerging Markets SmallCap ETF during the fourth quarter valued at approximately $740,000. Apella Capital LLC raised its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 7.0% during the fourth quarter. Apella Capital LLC now owns 122,591 shares of the company’s stock valued at $8,049,000 after acquiring an additional 8,065 shares during the last quarter. Assetmark Inc. raised its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 2,248,090.0% during the fourth quarter. Assetmark Inc. now owns 449,638 shares of the company’s stock valued at $29,522,000 after acquiring an additional 449,618 shares during the last quarter. Finally, Brady Martz Wealth Solutions LLC acquired a new position in shares of SPDR S&P Emerging Markets SmallCap ETF during the fourth quarter valued at approximately $1,931,000.

About SPDR S&P Emerging Markets SmallCap ETF

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.