SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Reaches New 12-Month High – Here’s What Happened

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) shares hit a new 52-week high on Wednesday . The stock traded as high as $46.33 and last traded at $46.1950, with a volume of 4675838 shares. The stock had previously closed at $45.69.

SPDR Portfolio Developed World ex-US ETF Price Performance

The firm has a market capitalization of $35.02 billion, a PE ratio of 16.12 and a beta of 0.88. The company’s fifty day simple moving average is $44.46 and its 200 day simple moving average is $42.94.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Capital Investment Advisory Services LLC increased its stake in SPDR Portfolio Developed World ex-US ETF by 13.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 7,368 shares of the company’s stock worth $327,000 after acquiring an additional 894 shares during the last quarter. Tandem Investment Partners LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at about $232,000. Ervin Investment Management LLC grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 2.6% during the fourth quarter. Ervin Investment Management LLC now owns 109,553 shares of the company’s stock worth $4,865,000 after purchasing an additional 2,767 shares in the last quarter. Capital Advisory Group Advisory Services LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 54.4% in the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 12,775 shares of the company’s stock worth $567,000 after purchasing an additional 4,500 shares during the last quarter. Finally, Greenleaf Trust increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 980.5% in the fourth quarter. Greenleaf Trust now owns 1,116,681 shares of the company’s stock worth $49,592,000 after purchasing an additional 1,013,336 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Company Profile

SPDR S&P World ex US ETF (the Fund) seeks to replicate as closely as possible total return performance of the S&P/Citigroup BMI World Ex US Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.