Royal Bank of Canada Decreases Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Royal Bank of Canada reduced its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 2.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,839,191 shares of the company’s stock after selling 41,566 shares during the period. Royal Bank of Canada owned approximately 0.23% of SPDR Portfolio Developed World ex-US ETF worth $83,959,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SPDW. Albion Financial Group UT acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth about $29,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter valued at about $36,000. Johnson Financial Group Inc. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter valued at about $37,000. Godsey & Gibb Inc. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter valued at about $44,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at about $46,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

SPDR Portfolio Developed World ex-US ETF stock opened at $50.06 on Friday. The firm has a market capitalization of $40.32 billion, a PE ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a one year low of $39.54 and a one year high of $52.16. The stock’s 50 day moving average price is $50.28 and its 200 day moving average price is $48.63.

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.