SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Hits New 12-Month High – Here’s What Happened

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)’s share price hit a new 52-week high on Thursday . The company traded as high as $52.20 and last traded at $52.19, with a volume of 361301 shares traded. The stock had previously closed at $51.93.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.0%

The company’s 50-day moving average is $50.40 and its 200-day moving average is $49.00. The firm has a market cap of $42.01 billion, a price-to-earnings ratio of 16.12 and a beta of 0.84.

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

Several hedge funds and other institutional investors have recently modified their holdings of SPDW. Clearstead Trust LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 2nd quarter worth $122,000. Dagco Inc. grew its position in SPDR Portfolio Developed World ex-US ETF by 11.4% in the second quarter. Dagco Inc. now owns 35,368 shares of the company’s stock valued at $1,782,000 after acquiring an additional 3,614 shares during the last quarter. Partnership Wealth Management LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 3.4% during the second quarter. Partnership Wealth Management LLC now owns 218,092 shares of the company’s stock worth $10,990,000 after acquiring an additional 7,258 shares in the last quarter. G&S Capital LLC lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 3.2% in the second quarter. G&S Capital LLC now owns 92,587 shares of the company’s stock worth $4,665,000 after acquiring an additional 2,907 shares during the last quarter. Finally, City Holding Co. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the second quarter worth about $301,000.

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. 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.