ABLE Financial Group LLC Lowers Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

ABLE Financial Group LLC reduced its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 3.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 63,203 shares of the company’s stock after selling 2,214 shares during the period. ABLE Financial Group LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,374,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Granite Bay Wealth Management LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 7,941.3% during the second quarter. Granite Bay Wealth Management LLC now owns 4,584,357 shares of the company’s stock worth $163,233,000 after acquiring an additional 4,527,347 shares during the period. LPL Financial LLC increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 8.8% during the second quarter. LPL Financial LLC now owns 27,846,706 shares of the company’s stock worth $976,862,000 after buying an additional 2,244,478 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in SPDR Portfolio Developed World ex-US ETF by 462.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,571,651 shares of the company’s stock valued at $55,133,000 after acquiring an additional 1,292,314 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in SPDR Portfolio Developed World ex-US ETF by 797.3% in the second quarter. Strategic Financial Concepts LLC now owns 1,383,326 shares of the company’s stock worth $485,000 after acquiring an additional 1,229,166 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 128.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,115,420 shares of the company’s stock worth $74,209,000 after acquiring an additional 1,190,546 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDW traded down $0.46 during midday trading on Friday, reaching $35.83. The stock had a trading volume of 552,263 shares, compared to its average volume of 2,656,084. The company’s fifty day simple moving average is $36.65 and its two-hundred day simple moving average is $36.06. The company has a market cap of $20.25 billion, a price-to-earnings ratio of 14.67 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $30.69 and a 1-year high of $38.00.

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.