SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Short Interest Down 43.2% in June

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 800,642 shares, a decrease of 43.2% from the June 15th total of 1,408,543 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 2,884,327 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPDW. Morton Brown Family Wealth LLC lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 2.9% in the first quarter. Morton Brown Family Wealth LLC now owns 7,472 shares of the company’s stock valued at $341,000 after buying an additional 212 shares during the period. Vantage Point Financial LLC lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 1.5% in the 4th quarter. Vantage Point Financial LLC now owns 14,295 shares of the company’s stock valued at $635,000 after acquiring an additional 213 shares during the last quarter. Webster Bank N. A. boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 10.0% during the 1st quarter. Webster Bank N. A. now owns 2,368 shares of the company’s stock valued at $108,000 after purchasing an additional 215 shares in the last quarter. Apollon Wealth Management LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.5% during the 1st quarter. Apollon Wealth Management LLC now owns 42,295 shares of the company’s stock valued at $1,931,000 after purchasing an additional 216 shares in the last quarter. Finally, HB Wealth Management LLC grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3.1% in the 1st quarter. HB Wealth Management LLC now owns 7,450 shares of the company’s stock worth $340,000 after purchasing an additional 226 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDW stock traded down $0.53 on Thursday, hitting $49.63. 3,437,031 shares of the company were exchanged, compared to its average volume of 4,620,601. The stock has a market capitalization of $39.85 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $39.54 and a twelve month high of $52.16. The business’s fifty day moving average is $50.36 and its two-hundred day moving average is $48.31.

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.