SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Hits New 52-Week High – Here’s Why

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $44.40 and last traded at $44.2750, with a volume of 492045 shares. The stock had previously closed at $44.16.

SPDR Portfolio Developed World ex-US ETF Stock Up 0.2%

The firm has a market cap of $32.27 billion, a P/E ratio of 16.12 and a beta of 0.88. The business has a fifty day simple moving average of $43.35 and a 200-day simple moving average of $41.76.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Sound Income Strategies LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 1,427.5% in the second quarter. Sound Income Strategies LLC now owns 611 shares of the company’s stock worth $25,000 after purchasing an additional 571 shares during the period. Rossby Financial LCC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 166.0% in the 3rd quarter. Rossby Financial LCC now owns 572 shares of the company’s stock worth $25,000 after purchasing an additional 357 shares in the last quarter. GGM Financials LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth approximately $26,000. Financial Consulate Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $27,000. Finally, Compass Financial Services Inc purchased a new position in SPDR Portfolio Developed World ex-US ETF during the first quarter valued at $28,000.

About SPDR Portfolio Developed World ex-US ETF

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.