72,256 SPDR Portfolio Developed World ex-US ETF $SPDW Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 92.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,290 shares of the company’s stock after selling 72,256 shares during the period. Oppenheimer & Co. Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $316,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter worth $308,551,000. Advocacy Wealth Management LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 9.2% during the second quarter. Advocacy Wealth Management LLC now owns 2,268,369 shares of the company’s stock worth $114,303,000 after buying an additional 191,999 shares in the last quarter. Gradient Investments LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at $108,388,000. AlphaStar Capital Management LLC lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 7.8% in the 3rd quarter. AlphaStar Capital Management LLC now owns 2,075,523 shares of the company’s stock valued at $104,212,000 after acquiring an additional 150,239 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 5.0% in the 1st quarter. Cetera Investment Advisers now owns 2,259,941 shares of the company’s stock valued at $103,166,000 after acquiring an additional 108,548 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA SPDW traded down $0.23 during mid-day trading on Friday, hitting $48.23. 14,017,077 shares of the stock traded hands, compared to its average volume of 3,974,560. The company has a market cap of $39.95 billion, a PE ratio of 16.12 and a beta of 0.86. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $41.99 and a twelve month high of $52.43. The firm has a 50 day simple moving average of $50.35 and a two-hundred day simple moving average of $49.42.

SPDR Portfolio Developed World ex-US ETF 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.