Synovus Financial Corp Raises Stake in SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)

Synovus Financial Corp raised its stake in shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by 38.2% in the third quarter, Holdings Channel reports. The institutional investor owned 110,299 shares of the company’s stock after buying an additional 30,515 shares during the quarter. Synovus Financial Corp’s holdings in SPDR MSCI ACWI ex-US ETF were worth $3,358,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in CWI. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of SPDR MSCI ACWI ex-US ETF in the third quarter valued at approximately $18,910,000. Bank of Montreal Can lifted its stake in SPDR MSCI ACWI ex-US ETF by 135.2% in the 2nd quarter. Bank of Montreal Can now owns 614,992 shares of the company’s stock worth $17,567,000 after purchasing an additional 353,554 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in SPDR MSCI ACWI ex-US ETF by 3,121.3% in the 2nd quarter. Strategic Financial Concepts LLC now owns 249,068 shares of the company’s stock valued at $71,000 after purchasing an additional 241,336 shares during the period. PNC Financial Services Group Inc. grew its position in shares of SPDR MSCI ACWI ex-US ETF by 2.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,616,507 shares of the company’s stock valued at $110,086,000 after purchasing an additional 84,450 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of SPDR MSCI ACWI ex-US ETF by 201.7% in the third quarter. Cerity Partners LLC now owns 98,972 shares of the company’s stock worth $3,013,000 after purchasing an additional 66,170 shares during the period.

SPDR MSCI ACWI ex-US ETF Stock Performance

Shares of CWI stock opened at $29.20 on Friday. The company has a market capitalization of $1.64 billion, a PE ratio of 14.16 and a beta of 0.87. SPDR MSCI ACWI ex-US ETF has a 52-week low of $25.88 and a 52-week high of $30.93. The business’s fifty day moving average is $29.35 and its 200 day moving average is $29.08.

SPDR MSCI ACWI ex-US ETF Company Profile

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.