Assetmark Inc. Invests in SPDR MSCI ACWI ex-US ETF

Assetmark Inc. has recently established a new position in the SPDR MSCI ACWI ex-US ETF (NYSEARCA:CWI) during the fourth quarter, as reported by Holdings Channel. The investment firm acquired 2,899 shares of the ETF, amounting to an approximate total of $81,000.

In addition to Assetmark, several other institutional investors and hedge funds have also adjusted their holdings in relation to the CWI ETF. For example, Newton One Investments LLC initiated a new stake in SPDR MSCI ACWI ex-US ETF during the fourth quarter valued at about $39,000. Kohmann Bosshard Financial Services LLC similarly invested around $39,000 in a new position in the fund. Other notable investments include YANKCOM Partnership, which bought a new stake worth approximately $43,000, and Stonebridge Financial Group LLC, which invested about $44,000. Synergy Investment Management LLC rounded out this list with a new position valued at approximately $47,000.

SPDR MSCI ACWI ex-US ETF Performance Overview

The SPDR MSCI ACWI ex-US ETF shares traded at $30.16 at the market opening on Friday. The ETF has a market capitalization of approximately $1.72 billion and a price-to-earnings ratio of 16.55. It exhibits a beta of 0.83, indicating lower volatility compared to the broader market. As of now, the firm's 50-day moving average stands at $29.13, while its 200-day moving average is slightly higher at $29.21. Historically, the ETF recorded a one-year low of $26.55 and a one-year high of $30.93.

About SPDR MSCI ACWI ex-US ETF

The SPDR MSCI ACWI ex-US ETF aims to replicate the returns and features of the MSCI ACWI ex USA Index. The index itself is a market capitalization-weighted benchmark that reflects the performance of equity markets in developed and emerging countries while excluding the United States.

Additional Resources

For those interested in further details pertaining to hedge fund holdings, visit Holdings Channel to get the latest 13F filings and insider trades related to the SPDR MSCI ACWI ex-US ETF.

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Assetmark, ETF, Investment