SPDR Portfolio Developed World ex-US ETF $SPDW Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC lessened its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 3.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 600,975 shares of the company’s stock after selling 21,778 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $27,435,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. Ascentis Independent Advisors bought a new position in SPDR Portfolio Developed World ex-US ETF in the first quarter worth about $36,000. Johnson Financial Group Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter valued at approximately $37,000. Godsey & Gibb Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter valued at approximately $44,000. Hazlett Burt & Watson Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at approximately $46,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter worth approximately $47,000.

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

Shares of NYSEARCA SPDW opened at $51.65 on Friday. The company has a market cap of $41.60 billion, a price-to-earnings ratio of 16.12 and a beta of 0.84. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $40.99 and a 12-month high of $52.16. The stock’s 50 day simple moving average is $50.31 and its 200 day simple moving average is $48.81.

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.