SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Sees Strong Trading Volume

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) shares saw an uptick in trading volume on Tuesday . 2,834,552 shares were traded during mid-day trading, a decline of 11% from the previous session’s volume of 3,177,736 shares.The stock last traded at $35.78 and had previously closed at $36.26.

SPDR Portfolio Developed World ex-US ETF Trading Down 1.2 %

The company has a market cap of $20.24 billion, a price-to-earnings ratio of 14.67 and a beta of 0.88. The business has a fifty day moving average price of $35.60 and a two-hundred day moving average price of $34.59.

Hedge Funds Weigh In On SPDR Portfolio Developed World ex-US ETF

A number of large investors have recently made changes to their positions in SPDW. UBS Group AG increased its holdings in SPDR Portfolio Developed World ex-US ETF by 108.7% in the fourth quarter. UBS Group AG now owns 7,743,804 shares of the company’s stock worth $263,367,000 after buying an additional 4,032,713 shares during the last quarter. Truist Financial Corp increased its holdings in SPDR Portfolio Developed World ex-US ETF by 1,090.6% in the fourth quarter. Truist Financial Corp now owns 3,844,436 shares of the company’s stock worth $130,749,000 after buying an additional 3,521,531 shares during the last quarter. Pathstone Holdings LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth approximately $105,807,000. Financial Engines Advisors L.L.C. increased its holdings in SPDR Portfolio Developed World ex-US ETF by 5.1% in the third quarter. Financial Engines Advisors L.L.C. now owns 56,501,879 shares of the company’s stock worth $1,752,123,000 after buying an additional 2,722,638 shares during the last quarter. Finally, Advocacy Wealth Management Services LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth approximately $76,327,000.

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.