SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Short Interest Down 74.4% in April

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,303,670 shares, a decrease of 74.4% from the April 15th total of 5,088,189 shares. Based on an average daily trading volume, of 3,232,860 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDW stock traded up $0.47 during mid-day trading on Wednesday, hitting $50.27. The stock had a trading volume of 3,800,159 shares, compared to its average volume of 5,264,854. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $38.51 and a 12-month high of $50.53. The firm has a market capitalization of $40.13 billion, a P/E ratio of 16.12 and a beta of 0.83. The firm’s 50-day moving average is $47.42 and its two-hundred day moving average is $46.19.

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 the stock. Auto Owners Insurance Co lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 5,626.0% during the 4th quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock worth $38,730,349,000 after purchasing an additional 856,878,081 shares during the last quarter. Creative Planning grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% during the third quarter. Creative Planning now owns 112,764,556 shares of the company’s stock worth $4,825,195,000 after acquiring an additional 13,128,208 shares during the last quarter. LPL Financial LLC grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 9.7% during the fourth quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock worth $1,658,441,000 after acquiring an additional 3,292,815 shares during the last quarter. Allworth Financial LP increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 0.3% during the fourth quarter. Allworth Financial LP now owns 29,790,838 shares of the company’s stock valued at $1,323,011,000 after acquiring an additional 90,865 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 6.1% during the fourth quarter. CWM LLC now owns 15,520,557 shares of the company’s stock valued at $689,268,000 after acquiring an additional 886,729 shares in 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. 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.