N.E.W. Advisory Services LLC Sells 35,029 Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

N.E.W. Advisory Services LLC decreased its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 662,340 shares of the company’s stock after selling 35,029 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises 2.1% of N.E.W. Advisory Services LLC’s holdings, making the stock its 12th largest position. N.E.W. Advisory Services LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $22,606,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SPDW. Valued Wealth Advisors LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the fourth quarter valued at approximately $25,000. Future Financial Wealth Managment LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the third quarter valued at approximately $28,000. Arlington Trust Co LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the third quarter valued at approximately $29,000. Safe Harbor Fiduciary LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the third quarter valued at approximately $43,000. Finally, American Capital Advisory LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the third quarter valued at approximately $71,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW stock opened at $35.63 on Friday. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $33.11 and a fifty-two week high of $38.00. The stock has a 50 day moving average price of $35.04 and a two-hundred day moving average price of $35.78. The company has a market capitalization of $20.14 billion, a P/E ratio of 14.67 and a beta of 0.88.

SPDR Portfolio Developed World ex-US ETF Profile

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.