Brown Financial Advisory Has $9.16 Million Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Brown Financial Advisory reduced its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 206,217 shares of the company’s stock after selling 13,965 shares during the quarter. SPDR Portfolio Developed World ex-US ETF accounts for 4.6% of Brown Financial Advisory’s holdings, making the stock its 5th biggest holding. Brown Financial Advisory’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $9,158,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rossby Financial LCC boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 166.0% in the 3rd quarter. Rossby Financial LCC now owns 572 shares of the company’s stock valued at $25,000 after purchasing an additional 357 shares in the last quarter. GGM Financials LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at approximately $26,000. Financial Consulate Inc. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at approximately $27,000. Albion Financial Group UT acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at approximately $29,000. Finally, Longview Financial Advisors LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at approximately $36,000.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.6%

SPDW opened at $48.51 on Friday. The company’s 50 day moving average is $47.38 and its 200-day moving average is $45.67. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $37.29 and a 1-year high of $50.09. The company has a market cap of $38.73 billion, a P/E ratio of 16.12 and a beta of 0.84.

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.