Pitcairn Co. Sells 58,777 Shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)

Pitcairn Co. decreased its position in SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,111,899 shares of the company’s stock after selling 58,777 shares during the quarter. SPDR MSCI ACWI ex-US ETF makes up 1.8% of Pitcairn Co.’s portfolio, making the stock its 11th biggest position. Pitcairn Co. owned approximately 1.97% of SPDR MSCI ACWI ex-US ETF worth $31,066,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CWI. FMR LLC boosted its stake in SPDR MSCI ACWI ex-US ETF by 23.7% during the third quarter. FMR LLC now owns 6,992 shares of the company’s stock worth $213,000 after acquiring an additional 1,338 shares in the last quarter. Stifel Financial Corp grew its stake in shares of SPDR MSCI ACWI ex-US ETF by 173.7% in the 3rd quarter. Stifel Financial Corp now owns 41,855 shares of the company’s stock worth $1,274,000 after buying an additional 26,562 shares during the last quarter. Assetmark Inc. bought a new position in SPDR MSCI ACWI ex-US ETF during the 4th quarter valued at approximately $81,000. Bank of New York Mellon Corp raised its stake in SPDR MSCI ACWI ex-US ETF by 5.2% during the fourth quarter. Bank of New York Mellon Corp now owns 55,408 shares of the company’s stock valued at $1,548,000 after buying an additional 2,737 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in SPDR MSCI ACWI ex-US ETF by 3.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,743,196 shares of the company’s stock valued at $104,585,000 after buying an additional 126,689 shares during the last quarter.

SPDR MSCI ACWI ex-US ETF Trading Up 0.2 %

NYSEARCA CWI opened at $29.71 on Thursday. The stock’s fifty day moving average price is $29.66 and its 200-day moving average price is $29.29. The stock has a market cap of $1.69 billion, a P/E ratio of 16.80 and a beta of 0.83. SPDR MSCI ACWI ex-US ETF has a 12 month low of $26.55 and a 12 month high of $30.93.

About SPDR MSCI ACWI ex-US ETF

SPDR MSCI ACWI ex-US ETF (the Fund) seeks to closely match the returns and characteristics of the total return performance of the MSCI ACWI ex USA Index (the Index). The Index is a float-adjusted market capitalization index that is designed to measure the combined equity market performance of developed and emerging market countries excluding the United States.