Financial Connections Group Inc. Cuts Stake in SPDR Portfolio Developed World ex-US ETF $SPDW

Financial Connections Group Inc. reduced its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,354 shares of the company’s stock after selling 440 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises approximately 0.9% of Financial Connections Group Inc.’s investment portfolio, making the stock its 23rd biggest holding. Financial Connections Group Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,160,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 1,427.5% in the second quarter. Sound Income Strategies LLC now owns 611 shares of the company’s stock worth $25,000 after purchasing an additional 571 shares during the last quarter. Woodside Wealth Management LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF in the first quarter worth $26,000. Hager Investment Management Services LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF in the first quarter worth $27,000. Compass Financial Services Inc purchased a new position in SPDR Portfolio Developed World ex-US ETF in the first quarter worth $28,000. Finally, Blue Trust Inc. grew its holdings in SPDR Portfolio Developed World ex-US ETF by 331.3% in the second quarter. Blue Trust Inc. now owns 841 shares of the company’s stock worth $34,000 after purchasing an additional 646 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Down 2.0%

NYSEARCA SPDW opened at $42.26 on Friday. The firm’s fifty day simple moving average is $42.16 and its two-hundred day simple moving average is $39.92. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $32.30 and a 12-month high of $43.78. The firm has a market capitalization of $29.95 billion, a P/E ratio of 16.12 and a beta of 0.89.

SPDR Portfolio Developed World ex-US ETF Company 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.