Eastern Bank Cuts Stock Holdings in SPDR MSCI ACWI ex-US ETF $CWI

Eastern Bank reduced its stake in SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by 29.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 63,914 shares of the company’s stock after selling 26,653 shares during the quarter. Eastern Bank’s holdings in SPDR MSCI ACWI ex-US ETF were worth $2,296,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of CWI. Cetera Investment Advisers boosted its stake in SPDR MSCI ACWI ex-US ETF by 6.7% during the second quarter. Cetera Investment Advisers now owns 45,765 shares of the company’s stock valued at $1,495,000 after buying an additional 2,876 shares during the last quarter. Merit Financial Group LLC grew its holdings in SPDR MSCI ACWI ex-US ETF by 911.3% during the 3rd quarter. Merit Financial Group LLC now owns 2,795,582 shares of the company’s stock valued at $97,622,000 after buying an additional 2,519,140 shares in the last quarter. Chesley Taft & Associates LLC increased its stake in SPDR MSCI ACWI ex-US ETF by 81.3% in the 3rd quarter. Chesley Taft & Associates LLC now owns 34,694 shares of the company’s stock worth $1,212,000 after acquiring an additional 15,562 shares during the last quarter. Hengehold Capital Management LLC raised its holdings in shares of SPDR MSCI ACWI ex-US ETF by 1.4% during the 3rd quarter. Hengehold Capital Management LLC now owns 1,156,950 shares of the company’s stock worth $40,401,000 after acquiring an additional 16,159 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of SPDR MSCI ACWI ex-US ETF by 4.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 642,542 shares of the company’s stock worth $22,438,000 after acquiring an additional 24,947 shares in the last quarter.

SPDR MSCI ACWI ex-US ETF Stock Performance

NYSEARCA CWI opened at $35.43 on Monday. The stock has a 50 day moving average price of $37.93 and a 200-day moving average price of $36.35. SPDR MSCI ACWI ex-US ETF has a one year low of $26.07 and a one year high of $40.07. The company has a market capitalization of $2.34 billion, a P/E ratio of 16.06 and a beta of 0.78.

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. The Fund’s investment advisor is SSgA Funds Management, Inc