TME Financial Inc. Trims Stock Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

TME Financial Inc. reduced its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 32.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,555 shares of the company’s stock after selling 4,640 shares during the period. TME Financial Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $387,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPDW. Envestnet Asset Management Inc. raised its holdings in SPDR Portfolio Developed World ex-US ETF by 15.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 7,669,937 shares of the company’s stock valued at $279,262,000 after buying an additional 1,008,462 shares during the period. Brown Advisory Inc. grew its position in SPDR Portfolio Developed World ex-US ETF by 66.8% in the 1st quarter. Brown Advisory Inc. now owns 44,288 shares of the company’s stock valued at $1,613,000 after acquiring an additional 17,739 shares in the last quarter. Brown Financial Advisory grew its position in SPDR Portfolio Developed World ex-US ETF by 5.7% in the 1st quarter. Brown Financial Advisory now owns 231,973 shares of the company’s stock valued at $8,446,000 after acquiring an additional 12,513 shares in the last quarter. Garrett Wealth Advisory Group LLC grew its position in SPDR Portfolio Developed World ex-US ETF by 6.7% in the 1st quarter. Garrett Wealth Advisory Group LLC now owns 754,231 shares of the company’s stock valued at $27,462,000 after acquiring an additional 47,498 shares in the last quarter. Finally, Black Diamond Financial LLC grew its position in SPDR Portfolio Developed World ex-US ETF by 40.7% in the 1st quarter. Black Diamond Financial LLC now owns 22,813 shares of the company’s stock valued at $831,000 after acquiring an additional 6,599 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

NYSEARCA SPDW opened at $43.06 on Wednesday. The company has a market cap of $31.39 billion, a P/E ratio of 16.12 and a beta of 0.88. The stock has a 50-day moving average of $42.84 and a two-hundred day moving average of $40.97. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $32.30 and a 1-year high of $44.12.

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.