SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Get Free Report) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 800,642 shares, a drop of 43.2% from the June 15th total of 1,408,543 shares. Based on an average daily trading volume, of 2,884,327 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.
SPDR Portfolio Developed World ex-US ETF Trading Down 0.5%
Shares of NYSEARCA:SPDW opened at $49.38 on Friday. The stock has a fifty day simple moving average of $50.34 and a two-hundred day simple moving average of $48.32. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $39.54 and a 12-month high of $52.16. The stock has a market capitalization of $39.65 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83.
Hedge Funds Weigh In On SPDR Portfolio Developed World ex-US ETF
Several large investors have recently modified their holdings of SPDW. Morton Brown Family Wealth LLC increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 2.9% during the first quarter. Morton Brown Family Wealth LLC now owns 7,472 shares of the company’s stock valued at $341,000 after acquiring an additional 212 shares during the period. Vantage Point Financial LLC raised its holdings in SPDR Portfolio Developed World ex-US ETF by 1.5% during the fourth quarter. Vantage Point Financial LLC now owns 14,295 shares of the company’s stock worth $635,000 after purchasing an additional 213 shares in the last quarter. Webster Bank N. A. lifted its position in SPDR Portfolio Developed World ex-US ETF by 10.0% in the first quarter. Webster Bank N. A. now owns 2,368 shares of the company’s stock worth $108,000 after purchasing an additional 215 shares during the period. Apollon Wealth Management LLC lifted its position in SPDR Portfolio Developed World ex-US ETF by 0.5% in the first quarter. Apollon Wealth Management LLC now owns 42,295 shares of the company’s stock worth $1,931,000 after purchasing an additional 216 shares during the period. Finally, HB Wealth Management LLC boosted its stake in SPDR Portfolio Developed World ex-US ETF by 3.1% during the 1st quarter. HB Wealth Management LLC now owns 7,450 shares of the company’s stock valued at $340,000 after purchasing an additional 226 shares in the last quarter.
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.
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