SPDR Portfolio Developed World ex-US ETF $SPDW Stake Cut by Brighton Securities CORP.

Brighton Securities CORP. cut its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 505,524 shares of the company’s stock after selling 34,652 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises approximately 11.1% of Brighton Securities CORP.’s portfolio, making the stock its 3rd largest holding. Brighton Securities CORP. owned about 0.06% of SPDR Portfolio Developed World ex-US ETF worth $23,077,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SPDW. Albion Financial Group UT purchased 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 SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth approximately $36,000. Godsey & Gibb Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at approximately $44,000. Hazlett Burt & Watson Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at approximately $46,000. Finally, Tucker Asset Management LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the fourth quarter valued at approximately $47,000.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA SPDW opened at $50.08 on Wednesday. The stock has a fifty day moving average price of $50.23 and a 200 day moving average price of $48.04. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $39.54 and a 1-year high of $52.16. The company has a market cap of $40.21 billion, a PE ratio of 16.12 and a beta of 0.83.

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.