AdvisorNet Financial Inc Sells 6,968 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

AdvisorNet Financial Inc cut its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 11.1% during the second quarter, Holdings Channel.com reports. The fund owned 55,979 shares of the company’s stock after selling 6,968 shares during the period. AdvisorNet Financial Inc’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,267,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC boosted its stake in SPDR Portfolio Developed World ex-US ETF by 9.6% in the first quarter. LPL Financial LLC now owns 30,733,565 shares of the company’s stock valued at $1,119,009,000 after acquiring an additional 2,701,493 shares during the last quarter. CWM LLC boosted its stake in SPDR Portfolio Developed World ex-US ETF by 3.4% in the first quarter. CWM LLC now owns 12,968,374 shares of the company’s stock valued at $472,178,000 after acquiring an additional 425,898 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio Developed World ex-US ETF by 15.1% in the first quarter. Envestnet Asset Management Inc. now owns 7,669,937 shares of the company’s stock valued at $279,262,000 after acquiring an additional 1,008,462 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in SPDR Portfolio Developed World ex-US ETF by 395.9% in the first quarter. Commonwealth Equity Services LLC now owns 6,428,708 shares of the company’s stock valued at $234,069,000 after acquiring an additional 5,132,319 shares during the last quarter. Finally, Townsquare Capital LLC boosted its stake in SPDR Portfolio Developed World ex-US ETF by 5.6% in the first quarter. Townsquare Capital LLC now owns 6,158,497 shares of the company’s stock valued at $224,231,000 after acquiring an additional 326,246 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW stock opened at $42.86 on Tuesday. The firm’s 50 day moving average price is $41.48 and its two-hundred day moving average price is $39.39. The stock has a market cap of $28.76 billion, a PE ratio of 16.12 and a beta of 0.89. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $32.30 and a 52-week high of $43.02.

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.