SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Sees Strong Trading Volume – Time to Buy?

Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) saw unusually-high trading volume on Wednesday . Approximately 4,235,609 shares traded hands during mid-day trading, an increase of 5% from the previous session’s volume of 4,015,183 shares.The stock last traded at $36.13 and had previously closed at $36.24.

SPDR Portfolio Developed World ex-US ETF Stock Up 1.8 %

The firm’s 50-day moving average price is $35.09 and its 200-day moving average price is $35.78. The company has a market cap of $20.88 billion, a P/E ratio of 14.67 and a beta of 0.88.

Institutional Trading of SPDR Portfolio Developed World ex-US ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of SPDW. Financial Engines Advisors L.L.C. increased its holdings in SPDR Portfolio Developed World ex-US ETF by 7.8% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 66,743,946 shares of the company’s stock worth $2,277,971,000 after acquiring an additional 4,849,460 shares during the period. Life Planning Partners Inc grew its stake in SPDR Portfolio Developed World ex-US ETF by 3,313.0% in the 4th quarter. Life Planning Partners Inc now owns 2,971,392 shares of the company’s stock worth $101,414,000 after buying an additional 2,884,331 shares in the last quarter. Raymond James Financial Inc. purchased a new position in SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth approximately $96,798,000. Allworth Financial LP grew its stake in SPDR Portfolio Developed World ex-US ETF by 6.2% in the 4th quarter. Allworth Financial LP now owns 31,712,123 shares of the company’s stock worth $1,117,852,000 after buying an additional 1,848,371 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its stake in SPDR Portfolio Developed World ex-US ETF by 1,732.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 1,748,164 shares of the company’s stock worth $65,660,000 after buying an additional 1,652,751 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Company 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.