Advisor Resource Council Trims Stock Position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Advisor Resource Council trimmed its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 82.7% in the first quarter, HoldingsChannel reports. The firm owned 27,457 shares of the company’s stock after selling 131,365 shares during the period. Advisor Resource Council’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $936,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SPDW. Merit Financial Group LLC lifted its position in SPDR Portfolio Developed World ex-US ETF by 39.3% during the fourth quarter. Merit Financial Group LLC now owns 355,218 shares of the company’s stock worth $12,081,000 after buying an additional 100,294 shares during the period. IAG Wealth Partners LLC grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 38.4% during the 4th quarter. IAG Wealth Partners LLC now owns 1,335,022 shares of the company’s stock valued at $45,404,000 after buying an additional 370,483 shares during the period. Larson Financial Group LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 26.1% during the 4th quarter. Larson Financial Group LLC now owns 144,360 shares of the company’s stock worth $4,910,000 after buying an additional 29,840 shares during the last quarter. Luken Investment Analytics LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 2,662.2% in the 4th quarter. Luken Investment Analytics LLC now owns 8,121 shares of the company’s stock worth $276,000 after buying an additional 7,827 shares during the period. Finally, Millington Financial Advisors LLC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 3.2% in the fourth quarter. Millington Financial Advisors LLC now owns 175,532 shares of the company’s stock valued at $5,970,000 after acquiring an additional 5,508 shares during the last quarter.

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

NYSEARCA:SPDW traded up $0.43 on Thursday, hitting $35.63. 1,213,274 shares of the stock were exchanged, compared to its average volume of 3,194,716. The stock has a market cap of $20.14 billion, a PE ratio of 14.67 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $29.39 and a fifty-two week high of $36.66. The stock has a fifty day moving average of $35.77 and a 200-day moving average of $34.89.

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.