SPDR Portfolio Developed World ex-US ETF $SPDW Stock: Richardson Financial Services Inc. Lowers Holdings

Richardson Financial Services Inc. lowered its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 13.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 70,437 shares of the company’s stock after selling 10,658 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises 2.0% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 9th biggest holding. Richardson Financial Services Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $3,537,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Provenance Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $58,000. Associated Banc Corp acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $328,000. Integrity Alliance LLC. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $287,000. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter worth approximately $11,128,000. Finally, XML Financial LLC grew its stake in SPDR Portfolio Developed World ex-US ETF by 5.3% during the 3rd quarter. XML Financial LLC now owns 180,099 shares of the company’s stock worth $9,043,000 after buying an additional 9,012 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Up 2.2%

Shares of NYSEARCA SPDW opened at $50.32 on Thursday. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $41.99 and a twelve month high of $52.43. The stock has a 50 day moving average of $50.50 and a two-hundred day moving average of $49.40. The stock has a market cap of $41.68 billion, a P/E ratio of 16.12 and a beta of 0.86.

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.