SPDR Portfolio Developed World ex-US ETF $SPDW Position Reduced by NewEdge Advisors LLC

NewEdge Advisors LLC reduced its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 3.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 600,975 shares of the company’s stock after selling 21,778 shares during the period. NewEdge Advisors LLC owned about 0.08% of SPDR Portfolio Developed World ex-US ETF worth $27,435,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Ascentis Independent Advisors bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter worth about $36,000. Johnson Financial Group Inc. bought a new stake in SPDR Portfolio Developed World ex-US ETF in the first quarter valued at about $37,000. Godsey & Gibb Inc. bought a new stake in SPDR Portfolio Developed World ex-US ETF in the first quarter valued at about $44,000. Hazlett Burt & Watson Inc. acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at approximately $46,000. Finally, Tucker Asset Management LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at approximately $47,000.

SPDR Portfolio Developed World ex-US ETF Stock Up 1.1%

NYSEARCA:SPDW opened at $51.65 on Friday. The business’s 50 day moving average is $50.31 and its two-hundred day moving average is $48.81. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $40.99 and a 52 week high of $52.16. The company has a market cap of $41.60 billion, a PE ratio of 16.12 and a beta of 0.84.

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.