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

SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) shares saw unusually-high trading volume on Tuesday . Approximately 64,034 shares changed hands during trading, an increase of 69% from the previous session’s volume of 37,862 shares.The stock last traded at $56.31 and had previously closed at $55.48.

SPDR S&P Emerging Markets SmallCap ETF Price Performance

The company has a market capitalization of $743.95 million, a P/E ratio of 12.27 and a beta of 0.66. The company has a fifty day simple moving average of $59.78 and a two-hundred day simple moving average of $59.45.

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

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC grew its stake in SPDR S&P Emerging Markets SmallCap ETF by 77.4% in the 3rd quarter. Jane Street Group LLC now owns 108,884 shares of the company’s stock valued at $6,792,000 after buying an additional 47,511 shares during the last quarter. Flow Traders U.S. LLC increased its stake in shares of SPDR S&P Emerging Markets SmallCap ETF by 69.4% in the third quarter. Flow Traders U.S. LLC now owns 62,953 shares of the company’s stock worth $3,927,000 after purchasing an additional 25,801 shares during the period. BIP Wealth LLC lifted its position in shares of SPDR S&P Emerging Markets SmallCap ETF by 24.6% during the 3rd quarter. BIP Wealth LLC now owns 107,536 shares of the company’s stock worth $6,708,000 after purchasing an additional 21,204 shares during the last quarter. Waddell & Associates LLC boosted its stake in SPDR S&P Emerging Markets SmallCap ETF by 2.6% during the 3rd quarter. Waddell & Associates LLC now owns 591,997 shares of the company’s stock valued at $36,929,000 after purchasing an additional 14,840 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in SPDR S&P Emerging Markets SmallCap ETF by 32.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 54,853 shares of the company’s stock valued at $3,177,000 after buying an additional 13,371 shares during the last quarter.

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.