SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Sees Large Volume Increase – Here’s What Happened

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) saw strong trading volume on Monday . 5,826,593 shares changed hands during mid-day trading, an increase of 85% from the previous session’s volume of 3,147,590 shares.The stock last traded at $38.47 and had previously closed at $38.43.

SPDR Portfolio Developed World ex-US ETF Stock Performance

The stock has a market cap of $25.83 billion, a PE ratio of 15.24 and a beta of 0.87. The stock has a fifty day moving average price of $36.67 and a 200 day moving average price of $35.91.

Hedge Funds Weigh In On SPDR Portfolio Developed World ex-US ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Raleigh Capital Management Inc. boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 9.9% during the 4th quarter. Raleigh Capital Management Inc. now owns 74,602 shares of the company’s stock valued at $2,546,000 after acquiring an additional 6,746 shares during the period. Modern Wealth Management LLC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 99.8% during the 4th quarter. Modern Wealth Management LLC now owns 38,987 shares of the company’s stock valued at $1,406,000 after acquiring an additional 19,476 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 3.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,160 shares of the company’s stock valued at $552,000 after acquiring an additional 610 shares during the period. AssuredPartners Investment Advisors LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth $277,000. Finally, Partners in Financial Planning purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth $7,347,000.

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.