SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Sets New 1-Year High – Here’s Why

Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) reached a new 52-week high on Tuesday . The company traded as high as $38.61 and last traded at $38.60, with a volume of 13985528 shares changing hands. The stock had previously closed at $38.43.

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

The firm has a market capitalization of $25.81 billion, a P/E ratio of 15.24 and a beta of 0.87. The stock has a 50 day simple moving average of $36.75 and a 200-day simple moving average of $35.96.

Institutional Investors Weigh In On SPDR Portfolio Developed World ex-US ETF

A number of hedge funds have recently made changes to their positions in SPDW. Valued Wealth Advisors LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth about $25,000. Rogco LP bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at approximately $25,000. Woodside Wealth Management LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter valued at approximately $26,000. Hager Investment Management Services LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter valued at approximately $27,000. Finally, IMG Wealth Management Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth approximately $29,000.

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.