SPDR Portfolio Developed World ex-US ETF $SPDW Stock: Novem Group Cuts Position

Novem Group lessened its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 14.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 131,264 shares of the company’s stock after selling 22,111 shares during the period. Novem Group’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $6,591,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Morton Brown Family Wealth LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 2.9% in the first quarter. Morton Brown Family Wealth LLC now owns 7,472 shares of the company’s stock valued at $341,000 after acquiring an additional 212 shares in the last quarter. Webster Bank N. A. increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 10.0% during the first quarter. Webster Bank N. A. now owns 2,368 shares of the company’s stock worth $108,000 after acquiring an additional 215 shares during the period. Apollon Wealth Management LLC increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.5% during the first quarter. Apollon Wealth Management LLC now owns 42,295 shares of the company’s stock worth $1,931,000 after acquiring an additional 216 shares during the period. HB Wealth Management LLC raised its holdings in SPDR Portfolio Developed World ex-US ETF by 3.1% during the first quarter. HB Wealth Management LLC now owns 7,450 shares of the company’s stock worth $340,000 after purchasing an additional 226 shares in the last quarter. Finally, Blue Capital Inc. raised its holdings in SPDR Portfolio Developed World ex-US ETF by 0.6% during the first quarter. Blue Capital Inc. now owns 36,181 shares of the company’s stock worth $1,652,000 after purchasing an additional 227 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA:SPDW traded down $0.12 during mid-day trading on Monday, reaching $49.26. The stock had a trading volume of 2,914,990 shares, compared to its average volume of 3,961,014. The firm has a market capitalization of $40.80 billion, a price-to-earnings ratio of 16.12 and a beta of 0.85. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $41.99 and a twelve month high of $52.43. The business has a 50 day simple moving average of $51.10 and a 200 day simple moving average of $50.18.

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.