SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Sets New 1-Year High – Here’s Why

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)’s stock price reached a new 52-week high on Friday . The stock traded as high as $38.43 and last traded at $38.42, with a volume of 158185 shares. The stock had previously closed at $37.73.

SPDR Portfolio Developed World ex-US ETF Stock Performance

The business has a fifty day simple moving average of $36.49 and a 200 day simple moving average of $35.85. The stock has a market capitalization of $25.14 billion, a price-to-earnings ratio of 15.08 and a beta of 0.85.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Pecaut & CO. lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 2.3% in the first quarter. Pecaut & CO. now owns 175,687 shares of the company’s stock valued at $6,397,000 after buying an additional 3,890 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in SPDR Portfolio Developed World ex-US ETF by 9.4% in the first quarter. Kingsview Wealth Management LLC now owns 194,002 shares of the company’s stock valued at $7,064,000 after purchasing an additional 16,663 shares during the last quarter. Concord Wealth Partners increased its holdings in SPDR Portfolio Developed World ex-US ETF by 409.6% in the 1st quarter. Concord Wealth Partners now owns 536,149 shares of the company’s stock worth $19,521,000 after acquiring an additional 430,940 shares during the last quarter. Graypoint LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 1.6% in the first quarter. Graypoint LLC now owns 525,879 shares of the company’s stock valued at $19,147,000 after purchasing an additional 8,331 shares during the period. Finally, Mayflower Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter worth $202,000.

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.