Sanchez Wealth Management Group Sells 296,230 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

Sanchez Wealth Management Group cut its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 92.7% during the third quarter, Holdings Channel reports. The fund owned 23,287 shares of the company’s stock after selling 296,230 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises about 3.5% of Sanchez Wealth Management Group’s holdings, making the stock its 13th biggest holding. Sanchez Wealth Management Group’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $1,169,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SPDW. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at $308,551,000. Advocacy Wealth Management LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 9.2% in the second quarter. Advocacy Wealth Management LLC now owns 2,268,369 shares of the company’s stock valued at $114,303,000 after purchasing an additional 191,999 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 5.0% in the first quarter. Cetera Investment Advisers now owns 2,259,941 shares of the company’s stock valued at $103,166,000 after purchasing an additional 108,548 shares during the last quarter. Gradient Investments LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $108,388,000. Finally, AlphaStar Capital Management LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 7.8% in the 3rd quarter. AlphaStar Capital Management LLC now owns 2,075,523 shares of the company’s stock valued at $104,212,000 after buying an additional 150,239 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA:SPDW opened at $50.32 on Thursday. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $41.99 and a 52 week high of $52.43. The firm’s 50-day simple moving average is $50.50 and its 200 day simple moving average is $49.40. The firm has a market cap of $41.68 billion, a price-to-earnings ratio of 16.12 and a beta of 0.86.

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.