SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Reaches New 12-Month High – What’s Next?

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) hit a new 52-week high on Thursday . The company traded as high as $46.30 and last traded at $46.2450, with a volume of 160295 shares trading hands. The stock had previously closed at $46.14.

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

The firm has a market capitalization of $35.07 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88. The business’s fifty day moving average price is $44.38 and its 200 day moving average price is $42.83.

Institutional Investors Weigh In On SPDR Portfolio Developed World ex-US ETF

Hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 1,427.5% during the 2nd quarter. Sound Income Strategies LLC now owns 611 shares of the company’s stock worth $25,000 after buying an additional 571 shares during the last quarter. Rossby Financial LCC increased its holdings 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 valued at $25,000 after acquiring an additional 357 shares during the last quarter. GGM Financials LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $26,000. Financial Consulate Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter worth $27,000. Finally, Crewe Advisors LLC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 78.2% in the second quarter. Crewe Advisors LLC now owns 734 shares of the company’s stock worth $30,000 after purchasing an additional 322 shares during the period.

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.