Pitcairn Co. Reduces Position in SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI)

Pitcairn Co. lessened its holdings in shares of SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by 5.0% in the 4th quarter, Holdings Channel reports. 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 accounts for about 1.8% of Pitcairn Co.’s portfolio, making the stock its 11th largest position. Pitcairn Co.’s holdings in SPDR MSCI ACWI ex-US ETF were worth $31,066,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CWI. Joseph Group Capital Management increased its holdings in SPDR MSCI ACWI ex-US ETF by 64.3% during the 4th quarter. Joseph Group Capital Management now owns 1,255 shares of the company’s stock worth $35,000 after purchasing an additional 491 shares during the period. Rialto Wealth Management LLC bought a new position in shares of SPDR MSCI ACWI ex-US ETF during the fourth quarter valued at approximately $36,000. Newton One Investments LLC purchased a new position in SPDR MSCI ACWI ex-US ETF during the fourth quarter valued at approximately $39,000. Kohmann Bosshard Financial Services LLC bought a new position in SPDR MSCI ACWI ex-US ETF in the fourth quarter worth approximately $39,000. Finally, YANKCOM Partnership purchased a new stake in SPDR MSCI ACWI ex-US ETF during the fourth quarter worth $43,000.

SPDR MSCI ACWI ex-US ETF Trading Up 0.2 %

Shares of NYSEARCA CWI opened at $29.71 on Thursday. The stock has a market capitalization of $1.69 billion, a PE 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. The stock’s fifty day simple moving average is $29.66 and its two-hundred day simple moving average is $29.29.

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.