NewEdge Advisors LLC Sells 450,560 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

NewEdge Advisors LLC cut its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 72.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 172,193 shares of the company’s stock after selling 450,560 shares during the quarter. NewEdge Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $7,861,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in SPDW. Albion Financial Group UT purchased a new position in SPDR Portfolio Developed World ex-US ETF in the fourth quarter valued at about $29,000. Ascentis Independent Advisors bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter valued at approximately $36,000. Johnson Financial Group Inc. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth approximately $37,000. Godsey & Gibb Inc. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth approximately $44,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth approximately $46,000.

SPDR Portfolio Developed World ex-US ETF Trading Up 3.0%

NYSEARCA:SPDW opened at $50.42 on Friday. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $39.54 and a 12 month high of $52.16. The firm’s 50 day moving average is $50.29 and its 200 day moving average is $48.62. The stock has a market capitalization of $40.61 billion, a PE ratio of 16.12 and a beta of 0.83.

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. 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.