ORBA Wealth Advisors L.L.C. Reduces Stake in SPDR Portfolio Developed World ex-US ETF $SPDW

ORBA Wealth Advisors L.L.C. trimmed its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 13.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 100,918 shares of the company’s stock after selling 15,103 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises 3.9% of ORBA Wealth Advisors L.L.C.’s investment portfolio, making the stock its 4th largest position. ORBA Wealth Advisors L.L.C.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $4,482,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SPDW. Rossby Financial LCC lifted its position in SPDR Portfolio Developed World ex-US ETF by 166.0% during the third quarter. Rossby Financial LCC now owns 572 shares of the company’s stock valued at $25,000 after buying an additional 357 shares during the period. GGM Financials LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth about $26,000. Albion Financial Group UT purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth about $29,000. Longview Financial Advisors LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth about $36,000. Finally, Crewe Advisors LLC increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 162.4% in the 4th quarter. Crewe Advisors LLC now owns 1,081 shares of the company’s stock worth $48,000 after acquiring an additional 669 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA SPDW opened at $50.24 on Friday. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $38.70 and a 1 year high of $50.53. The firm has a 50-day moving average of $47.47 and a 200 day moving average of $46.23. The stock has a market cap of $40.11 billion, a P/E ratio of 16.12 and a beta of 0.83.

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.