Envestnet Asset Management Inc. Reduces Stock Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Envestnet Asset Management Inc. cut its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 13.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,647,594 shares of the company’s stock after selling 1,022,343 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.99% of SPDR Portfolio Developed World ex-US ETF worth $269,161,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPDW. Janney Montgomery Scott LLC purchased a new stake in SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth approximately $961,000. Oppenheimer & Co. Inc. purchased a new stake in SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth approximately $221,000. Sequoia Financial Advisors LLC increased its holdings in SPDR Portfolio Developed World ex-US ETF by 1.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 21,231 shares of the company’s stock worth $773,000 after purchasing an additional 285 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in SPDR Portfolio Developed World ex-US ETF by 389.9% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 6,055 shares of the company’s stock worth $220,000 after purchasing an additional 4,819 shares during the last quarter. Finally, Convergence Financial LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 72.0% in the 1st quarter. Convergence Financial LLC now owns 141,739 shares of the company’s stock valued at $5,161,000 after acquiring an additional 59,354 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.4%

Shares of NYSEARCA SPDW opened at $43.71 on Monday. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $32.30 and a twelve month high of $43.78. The company has a market capitalization of $31.43 billion, a price-to-earnings ratio of 16.12 and a beta of 0.89. The business has a 50 day simple moving average of $42.59 and a 200-day simple moving average of $40.54.

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.