SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Sees Large Volume Increase – Should You Buy?

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) shares saw an uptick in trading volume on Monday . 24,789 shares were traded during trading, an increase of 23% from the previous session’s volume of 20,172 shares.The stock last traded at $58.18 and had previously closed at $58.13.

SPDR S&P Emerging Markets SmallCap ETF Stock Down 0.9 %

The firm has a market cap of $754.69 million, a P/E ratio of 12.27 and a beta of 0.66. The business’s 50 day moving average is $60.48 and its 200-day moving average is $59.53.

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

Large investors have recently modified their holdings of the stock. Assetmark Inc. increased its holdings in SPDR S&P Emerging Markets SmallCap ETF by 3,430.8% in the third quarter. Assetmark Inc. now owns 1,836 shares of the company’s stock valued at $115,000 after buying an additional 1,784 shares during the last quarter. Sage Financial Group Inc. acquired a new position in shares of SPDR S&P Emerging Markets SmallCap ETF in the 3rd quarter worth approximately $205,000. Hardin Capital Partners LLC bought a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF in the 2nd quarter valued at approximately $213,000. Greenspring Advisors LLC acquired a new stake in shares of SPDR S&P Emerging Markets SmallCap ETF during the 3rd quarter valued at approximately $228,000. Finally, Empower Advisory Group LLC bought a new position in SPDR S&P Emerging Markets SmallCap ETF during the third quarter worth $254,000.

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.