Evanson Financial LLC Buys New Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Evanson Financial LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,997 shares of the company’s stock, valued at approximately $655,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Midwest Financial Network LLC lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 19.2% in the 2nd quarter. Midwest Financial Network LLC now owns 71,656 shares of the company’s stock worth $3,610,000 after purchasing an additional 11,547 shares during the period. Gainplan LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 8.5% during the second quarter. Gainplan LLC now owns 55,519 shares of the company’s stock worth $2,798,000 after buying an additional 4,347 shares during the period. Trinity Wealth Management LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 2.1% during the second quarter. Trinity Wealth Management LLC now owns 65,190 shares of the company’s stock worth $3,285,000 after buying an additional 1,359 shares during the last quarter. Tlwm raised its stake in SPDR Portfolio Developed World ex-US ETF by 5.1% during the second quarter. Tlwm now owns 17,879 shares of the company’s stock worth $901,000 after buying an additional 868 shares during the last quarter. Finally, Avior Wealth Management LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 1.4% during the second quarter. Avior Wealth Management LLC now owns 152,322 shares of the company’s stock worth $7,675,000 after buying an additional 2,152 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Up 1.1%

SPDW stock opened at $51.65 on Friday. The firm has a market cap of $41.60 billion, a price-to-earnings ratio of 16.12 and a beta of 0.84. The company’s fifty day simple moving average is $50.31 and its 200 day simple moving average is $48.81. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $40.99 and a 12-month 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.