SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) Hits New 52-Week Low – What’s Next?

Shares of SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) reached a new 52-week low on Friday . The company traded as low as $53.59 and last traded at $53.65, with a volume of 28531 shares. The stock had previously closed at $56.26.

SPDR S&P Emerging Markets SmallCap ETF Price Performance

The firm has a 50 day moving average of $57.92 and a 200-day moving average of $59.45. The stock has a market capitalization of $604.66 million, a P/E ratio of 13.33 and a beta of 0.66.

Institutional Investors Weigh In On SPDR S&P Emerging Markets SmallCap ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC raised its holdings in shares of 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 worth $6,792,000 after buying an additional 47,511 shares in the last quarter. MML Investors Services LLC raised its stake in SPDR S&P Emerging Markets SmallCap ETF by 24.7% during the third quarter. MML Investors Services LLC now owns 31,911 shares of the company’s stock worth $1,991,000 after acquiring an additional 6,311 shares in the last quarter. Virtu Financial LLC acquired a new position in SPDR S&P Emerging Markets SmallCap ETF during the third quarter worth $478,000. AdvisorNet Financial Inc boosted its stake in shares of SPDR S&P Emerging Markets SmallCap ETF by 62.8% in the 4th quarter. AdvisorNet Financial Inc now owns 1,379 shares of the company’s stock valued at $81,000 after purchasing an additional 532 shares in the last quarter. Finally, Apella Capital LLC grew its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 4.5% in the 4th quarter. Apella Capital LLC now owns 92,301 shares of the company’s stock worth $5,410,000 after purchasing an additional 4,005 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.