Penobscot Wealth Management Trims Stock Position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Penobscot Wealth Management lowered its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 12.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,875 shares of the company’s stock after selling 850 shares during the period. Penobscot Wealth Management’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $200,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SPDW. BOK Financial Private Wealth Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at about $33,000. Covestor Ltd boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 134.1% in the 3rd quarter. Covestor Ltd now owns 1,440 shares of the company’s stock worth $45,000 after buying an additional 825 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 30.3% in the 3rd quarter. SRS Capital Advisors Inc. now owns 1,478 shares of the company’s stock worth $46,000 after buying an additional 344 shares during the last quarter. FinTrust Capital Advisors LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter worth approximately $47,000. Finally, Legacy Financial Group LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter worth approximately $70,000.

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

Shares of SPDR Portfolio Developed World ex-US ETF stock traded down $0.14 on Thursday, hitting $34.71. 7,518,201 shares of the company were exchanged, compared to its average volume of 3,394,509. The stock has a market capitalization of $19.43 billion, a price-to-earnings ratio of 13.94 and a beta of 0.85. The company has a 50-day moving average price of $35.09 and a 200 day moving average price of $33.41. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $29.39 and a 1-year high of $35.94.

SPDR Portfolio Developed World ex-US ETF 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.