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

Shares of SPDR S&P Emerging Markets SmallCap ETF (NYSEARCA:EWX) saw unusually-strong trading volume on Tuesday . Approximately 102,240 shares were traded during trading, an increase of 142% from the previous session’s volume of 42,224 shares.The stock last traded at $57.72 and had previously closed at $57.06.

SPDR S&P Emerging Markets SmallCap ETF Trading Up 1.0 %

The company’s 50 day simple moving average is $59.15 and its 200-day simple moving average is $59.33. The firm has a market cap of $755.15 million, a P/E ratio of 12.27 and a beta of 0.66.

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

Large investors have recently added to or reduced their stakes in the company. Addison Advisors LLC grew its holdings in SPDR S&P Emerging Markets SmallCap ETF by 10.3% during the 4th quarter. Addison Advisors LLC now owns 8,270 shares of the company’s stock valued at $485,000 after buying an additional 775 shares in the last quarter. 3EDGE Asset Management LP raised its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 65.0% during the 4th quarter. 3EDGE Asset Management LP now owns 12,720 shares of the company’s stock worth $746,000 after acquiring an additional 5,011 shares in the last quarter. Principal Securities Inc. boosted its position in shares of SPDR S&P Emerging Markets SmallCap ETF by 7.4% during the 4th quarter. Principal Securities Inc. now owns 5,335 shares of the company’s stock valued at $313,000 after acquiring an additional 367 shares during the last quarter. Maryland Capital Advisors Inc. lifted its holdings in shares of SPDR S&P Emerging Markets SmallCap ETF by 9.2% in the 4th quarter. Maryland Capital Advisors Inc. now owns 21,842 shares of the company’s stock valued at $1,280,000 after acquiring an additional 1,832 shares during the last quarter. Finally, White Pine Capital LLC lifted its stake in shares of SPDR S&P Emerging Markets SmallCap ETF by 8.2% in the 4th quarter. White Pine Capital LLC now owns 7,400 shares of the company’s stock valued at $434,000 after purchasing an additional 560 shares during the last quarter.

SPDR S&P Emerging Markets SmallCap ETF Company Profile

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.