SPDR Portfolio Developed World ex-US ETF $SPDW Position Trimmed by Gradient Investments LLC

Gradient Investments LLC decreased its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,230,648 shares of the company’s stock after selling 34,671 shares during the quarter. SPDR Portfolio Developed World ex-US ETF accounts for about 1.6% of Gradient Investments LLC’s investment portfolio, making the stock its 12th largest position. Gradient Investments LLC owned approximately 0.28% of SPDR Portfolio Developed World ex-US ETF worth $112,402,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of SPDW. Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth $36,000. Johnson Financial Group Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 1st quarter worth $37,000. Godsey & Gibb Inc. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter worth $44,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth $46,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at $47,000.

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

NYSEARCA:SPDW opened at $51.65 on Friday. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $40.99 and a 1-year high of $52.16. The firm has a market capitalization of $41.60 billion, a price-to-earnings ratio of 16.12 and a beta of 0.84. The stock has a fifty day simple moving average of $50.31 and a 200 day simple moving average of $48.81.

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. 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.