SPDR Portfolio Developed World ex-US ETF $SPDW Holdings Trimmed by BCS Wealth Management

BCS Wealth Management reduced its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 48.5% during the first quarter, Holdings Channel.com reports. The fund owned 134,139 shares of the company’s stock after selling 126,209 shares during the quarter. SPDR Portfolio Developed World ex-US ETF accounts for approximately 1.2% of BCS Wealth Management’s investment portfolio, making the stock its 18th largest position. BCS Wealth Management’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $6,123,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rossby Financial LCC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 166.0% during the third quarter. Rossby Financial LCC now owns 572 shares of the company’s stock worth $25,000 after buying an additional 357 shares in the last quarter. GGM Financials LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at $26,000. Albion Financial Group UT acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at $29,000. Longview Financial Advisors LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at $36,000. Finally, Hazlett Burt & Watson Inc. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at $46,000.

SPDR Portfolio Developed World ex-US ETF Stock Down 3.0%

SPDW opened at $49.61 on Wednesday. The firm has a market cap of $39.60 billion, a PE ratio of 16.12 and a beta of 0.83. The business has a fifty day simple moving average of $49.96 and a 200-day simple moving average of $47.64. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $39.54 and a fifty-two week high of $52.16.

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.