SPDR Portfolio Developed World ex-US ETF $SPDW Shares Sold by Richardson Financial Services Inc.

Richardson Financial Services Inc. lowered its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 13.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 70,437 shares of the company’s stock after selling 10,658 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up about 2.0% of Richardson Financial Services Inc.’s investment portfolio, making the stock its 9th largest position. Richardson Financial Services Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $3,537,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter worth approximately $308,551,000. Advocacy Wealth Management LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 9.2% in the second quarter. Advocacy Wealth Management LLC now owns 2,268,369 shares of the company’s stock valued at $114,303,000 after purchasing an additional 191,999 shares during the period. Gradient Investments LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at approximately $108,388,000. AlphaStar Capital Management LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 7.8% during the third quarter. AlphaStar Capital Management LLC now owns 2,075,523 shares of the company’s stock worth $104,212,000 after purchasing an additional 150,239 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 5.0% during the first quarter. Cetera Investment Advisers now owns 2,259,941 shares of the company’s stock worth $103,166,000 after purchasing an additional 108,548 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA SPDW opened at $50.32 on Thursday. The stock has a fifty day moving average price of $50.50 and a 200 day moving average price of $49.40. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $41.99 and a 1-year high of $52.43. The company has a market cap of $41.68 billion, a PE ratio of 16.12 and a beta of 0.86.

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.