SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Shares Sold by Sheets Smith Wealth Management

Sheets Smith Wealth Management trimmed its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1.6% during the fourth quarter, Holdings Channel reports. The firm owned 129,888 shares of the company’s stock after selling 2,130 shares during the period. Sheets Smith Wealth Management’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $4,433,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Future Financial Wealth Managment LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at about $28,000. Arlington Trust Co LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter worth approximately $29,000. Safe Harbor Fiduciary LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth approximately $43,000. M&R Capital Management Inc. increased its position in SPDR Portfolio Developed World ex-US ETF by 89.2% in the 3rd quarter. M&R Capital Management Inc. now owns 1,612 shares of the company’s stock valued at $61,000 after acquiring an additional 760 shares during the period. Finally, American Capital Advisory LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at $71,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA:SPDW opened at $35.35 on Wednesday. The stock has a market cap of $19.98 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 $33.11 and a 1 year high of $38.00. The business has a fifty day moving average of $34.96 and a 200-day moving average of $35.80.

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.