Raymond James Trims Position in SPDR MSCI ACWI ex-US ETF

In a recent move within the financial sector, Raymond James Financial Services Advisors Inc. has decreased its holdings of the SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) by selling off 609 shares. This slight reduction of 0.4% in their investment has brought down their total share count to 147,157. According to the latest SEC report, these shares are valued at approximately $3,663,000.

Other Market Movements

Raymond James isn't the only institution adjusting its stakes in CWI. US Bancorp DE, Flow Traders U.S. LLC, Mariner LLC, UBS Group AG, and State Street Corp have all seen significant changes in their investments. US Bancorp DE notably increased their shareholding by a staggering 4,570.4% in the first quarter, while Flow Traders U.S. LLC upped their stake by 1,778.8%. Mariner LLC and UBS Group AG also upped their investments by 7.0% and 3.1% respectively. Such adjustments suggest a dynamic interest in the ETF from these major players.

SPDR MSCI ACWI ex-US ETF's Current Stand

The ETF began trading at $26.79 on the monitored Monday, showing an upward trend with a 0.4% increase. The performance has been moderately steady, with a fifty day moving average at $26.22 and a two-hundred day moving average at $25.76. The ETF's yearly spectrum has seen lows of $23.78 and highs at $27.16, which points to a certain level of volatility within the market.

Understanding SPDR MSCI ACWI ex-US ETF

The SPDR MSCI ACWI ex-US ETF is designed to emulate the performance of the MSCI ACWI ex USA Index. This Index measures the equity market performance of various developed and emerging markets, excluding the U.S., offering investors exposure to international securities.

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