SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Hits New 12-Month High – Still a Buy?

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) shares hit a new 52-week high on Wednesday . The stock traded as high as $47.91 and last traded at $47.7710, with a volume of 219241 shares trading hands. The stock had previously closed at $47.40.

SPDR Portfolio Developed World ex-US ETF Stock Up 2.2%

The business has a 50-day moving average price of $45.47 and a 200-day moving average price of $43.51. The firm has a market capitalization of $36.56 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88.

Institutional Investors Weigh In On SPDR Portfolio Developed World ex-US ETF

Institutional investors have recently added to or reduced their stakes in the business. Vantage Point Financial LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 1.5% during the 4th quarter. Vantage Point Financial LLC now owns 14,295 shares of the company’s stock valued at $635,000 after purchasing an additional 213 shares during the last quarter. Glassman Wealth Services grew its position in SPDR Portfolio Developed World ex-US ETF by 1.8% in the 4th quarter. Glassman Wealth Services now owns 13,443 shares of the company’s stock worth $597,000 after purchasing an additional 233 shares during the last quarter. Urban Financial Advisory Corp increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 2.6% during the 4th quarter. Urban Financial Advisory Corp now owns 9,248 shares of the company’s stock worth $411,000 after purchasing an additional 234 shares during the period. Financial Connections Group Inc. raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.4% during the fourth quarter. Financial Connections Group Inc. now owns 53,169 shares of the company’s stock valued at $2,361,000 after buying an additional 236 shares during the last quarter. Finally, MGO One Seven LLC lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.9% in the fourth quarter. MGO One Seven LLC now owns 27,889 shares of the company’s stock valued at $1,239,000 after buying an additional 239 shares during the period.

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.