Heartwood Wealth Advisors LLC Cuts Position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Heartwood Wealth Advisors LLC lessened its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 113,871 shares of the company’s stock after selling 1,983 shares during the quarter. Heartwood Wealth Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $4,146,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPDW. Ballast Advisors LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 0.8% in the 4th quarter. Ballast Advisors LLC now owns 37,135 shares of the company’s stock worth $1,267,000 after purchasing an additional 277 shares during the period. Paladin Advisory Group LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 0.5% in the 1st quarter. Paladin Advisory Group LLC now owns 55,329 shares of the company’s stock worth $2,015,000 after purchasing an additional 288 shares during the period. Front Row Advisors LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 25.0% in the 4th quarter. Front Row Advisors LLC now owns 1,502 shares of the company’s stock worth $51,000 after purchasing an additional 300 shares during the period. IFG Advisors LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 1.4% in the 4th quarter. IFG Advisors LLC now owns 23,372 shares of the company’s stock worth $798,000 after purchasing an additional 319 shares during the period. Finally, Zacks Investment Management raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 1.7% in the 4th quarter. Zacks Investment Management now owns 19,268 shares of the company’s stock worth $658,000 after purchasing an additional 320 shares during the period.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.3%

NYSEARCA:SPDW opened at $40.05 on Thursday. The stock has a market capitalization of $26.81 billion, a PE ratio of 15.24 and a beta of 0.87. The firm’s 50 day moving average is $38.60 and its 200 day moving average is $36.71. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $32.30 and a 12 month high of $40.80.

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.