SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Reaches New 12-Month High – Here’s Why

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.92 and last traded at $51.73, with a volume of 82013 shares traded. The stock had previously closed at $51.01.

SPDR Portfolio Developed World ex-US ETF Trading Up 1.5%

The firm has a market cap of $41.31 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The company’s 50-day moving average is $49.37 and its 200-day moving average is $47.27.

Institutional Trading of SPDR Portfolio Developed World ex-US ETF

Several large investors have recently made changes to their positions in the company. Auto Owners Insurance Co boosted its position in SPDR Portfolio Developed World ex-US ETF by 5,626.0% in the fourth quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock valued at $38,730,349,000 after buying an additional 856,878,081 shares in the last quarter. Creative Planning boosted its position in SPDR Portfolio Developed World ex-US ETF by 13.2% in the third quarter. Creative Planning now owns 112,764,556 shares of the company’s stock valued at $4,825,195,000 after buying an additional 13,128,208 shares in the last quarter. LPL Financial LLC boosted its position in SPDR Portfolio Developed World ex-US ETF by 9.7% in the fourth quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock valued at $1,658,441,000 after buying an additional 3,292,815 shares in the last quarter. Allworth Financial LP boosted its position in SPDR Portfolio Developed World ex-US ETF by 0.3% in the fourth quarter. Allworth Financial LP now owns 29,790,838 shares of the company’s stock valued at $1,323,011,000 after buying an additional 90,865 shares in the last quarter. Finally, CWM LLC boosted its position in SPDR Portfolio Developed World ex-US ETF by 6.1% in the fourth quarter. CWM LLC now owns 15,520,557 shares of the company’s stock valued at $689,268,000 after buying an additional 886,729 shares in the last quarter.

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.