SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Sets New 1-Year High – Here’s What Happened

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) shares hit a new 52-week high on Monday . The company traded as high as $51.92 and last traded at $51.73, with a volume of 82013 shares changing hands. The stock had previously closed at $51.01.

SPDR Portfolio Developed World ex-US ETF Price Performance

The stock has a market capitalization of $41.15 billion, a PE ratio of 16.12 and a beta of 0.83. The business’s fifty day moving average price is $49.59 and its two-hundred day moving average price is $47.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advyzon Investment Management LLC lifted its position in SPDR Portfolio Developed World ex-US ETF by 5.8% during the third quarter. Advyzon Investment Management LLC now owns 342,208 shares of the company’s stock valued at $14,643,000 after purchasing an additional 18,903 shares during the period. Diversify Advisory Services LLC lifted its position in SPDR Portfolio Developed World ex-US ETF by 14.4% during the third quarter. Diversify Advisory Services LLC now owns 371,337 shares of the company’s stock valued at $16,201,000 after purchasing an additional 46,638 shares during the period. Capital Asset Advisory Services LLC lifted its position in SPDR Portfolio Developed World ex-US ETF by 1.6% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,982,606 shares of the company’s stock valued at $90,407,000 after purchasing an additional 32,025 shares during the period. First Heartland Consultants Inc. lifted its position in SPDR Portfolio Developed World ex-US ETF by 4.4% during the third quarter. First Heartland Consultants Inc. now owns 573,288 shares of the company’s stock valued at $24,531,000 after purchasing an additional 24,160 shares during the period. Finally, Bay Capital Advisors LLC lifted its position in SPDR Portfolio Developed World ex-US ETF by 7.1% during the fourth quarter. Bay Capital Advisors LLC now owns 171,941 shares of the company’s stock valued at $7,636,000 after purchasing an additional 11,358 shares during the period.

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.