Lunt Capital Management Inc. Raises Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Lunt Capital Management Inc. increased its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.6% in the 4th quarter, HoldingsChannel reports. The fund owned 71,786 shares of the company’s stock after purchasing an additional 4,427 shares during the quarter. SPDR Portfolio Developed World ex-US ETF makes up approximately 1.3% of Lunt Capital Management Inc.’s holdings, making the stock its 18th biggest holding. Lunt Capital Management Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,441,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 101.1% during the third quarter. Sound Income Strategies LLC now owns 907 shares of the company’s stock worth $28,000 after buying an additional 456 shares during the period. BOK Financial Private Wealth Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth $33,000. Covestor Ltd boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 134.1% during the third quarter. Covestor Ltd now owns 1,440 shares of the company’s stock worth $45,000 after buying an additional 825 shares during the period. SRS Capital Advisors Inc. boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 30.3% during the third quarter. SRS Capital Advisors Inc. now owns 1,478 shares of the company’s stock worth $46,000 after buying an additional 344 shares during the period. Finally, FinTrust Capital Advisors LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter worth $47,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW traded down $0.34 during midday trading on Tuesday, hitting $34.22. 1,288,448 shares of the stock were exchanged, compared to its average volume of 3,213,660. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $29.39 and a 52-week high of $35.94. The stock has a fifty day simple moving average of $34.99 and a 200 day simple moving average of $33.23. The firm has a market cap of $19.16 billion, a P/E ratio of 13.94 and a beta of 0.85.

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.