SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Sets New 52-Week High – Still a Buy?

Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) reached a new 52-week high on Wednesday . The stock traded as high as $44.31 and last traded at $44.2850, with a volume of 1942608 shares. The stock had previously closed at $44.03.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.7%

The stock’s 50-day moving average is $43.02 and its 200-day moving average is $41.20. The stock has a market cap of $32.33 billion, a P/E ratio of 16.12 and a beta of 0.88.

Institutional Trading of SPDR Portfolio Developed World ex-US ETF

Several institutional investors have recently modified their holdings of SPDW. Armbruster Capital Management Inc. lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 4.3% in the third quarter. Armbruster Capital Management Inc. now owns 5,835 shares of the company’s stock valued at $250,000 after buying an additional 240 shares during the period. McNaughton Wealth Management LLC lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.6% in the 2nd quarter. McNaughton Wealth Management LLC now owns 38,902 shares of the company’s stock valued at $1,575,000 after purchasing an additional 248 shares during the period. Lincoln Capital Corp boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 2.4% during the 2nd quarter. Lincoln Capital Corp now owns 11,143 shares of the company’s stock valued at $451,000 after purchasing an additional 256 shares in the last quarter. Orleans Capital Management Corp LA boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 2.7% during the 2nd quarter. Orleans Capital Management Corp LA now owns 9,780 shares of the company’s stock valued at $396,000 after purchasing an additional 260 shares in the last quarter. Finally, Canal Capital Management LLC grew its stake in SPDR Portfolio Developed World ex-US ETF by 1.4% during the second quarter. Canal Capital Management LLC now owns 19,397 shares of the company’s stock worth $785,000 after purchasing an additional 262 shares during the period.

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.