SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Reaches New 12-Month High – Should You Buy?

Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $39.31 and last traded at $39.25, with a volume of 1142909 shares trading hands. The stock had previously closed at $39.05.

SPDR Portfolio Developed World ex-US ETF Stock Up 0.7%

The company’s 50 day moving average price is $36.84 and its 200-day moving average price is $36.00. The stock has a market cap of $26.33 billion, a P/E ratio of 15.24 and a beta of 0.87.

Hedge Funds Weigh In On SPDR Portfolio Developed World ex-US ETF

Several large investors have recently modified their holdings of SPDW. Ballast Advisors LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 0.8% during the fourth quarter. Ballast Advisors LLC now owns 37,135 shares of the company’s stock worth $1,267,000 after buying an additional 277 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 1.4% during the first quarter. Sequoia Financial Advisors LLC now owns 21,231 shares of the company’s stock worth $773,000 after buying an additional 285 shares during the last quarter. Paladin Advisory Group LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 0.5% during the first quarter. Paladin Advisory Group LLC now owns 55,329 shares of the company’s stock worth $2,015,000 after buying an additional 288 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in SPDR Portfolio Developed World ex-US ETF by 5.7% during the first quarter. SBI Securities Co. Ltd. now owns 5,341 shares of the company’s stock worth $194,000 after buying an additional 288 shares during the last quarter. Finally, Front Row Advisors LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 25.0% during the fourth quarter. Front Row Advisors LLC now owns 1,502 shares of the company’s stock worth $51,000 after buying an additional 300 shares during the last quarter.

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.