SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Reaches New 12-Month High – Should You Buy?

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)’s stock price hit a new 52-week high on Thursday . The stock traded as high as $49.92 and last traded at $49.87, with a volume of 4154138 shares changing hands. The stock had previously closed at $49.35.

SPDR Portfolio Developed World ex-US ETF Trading Up 1.1%

The firm’s 50-day simple moving average is $46.69 and its 200 day simple moving average is $44.28. The stock has a market cap of $38.12 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 large investors have recently added to or reduced their stakes in SPDW. Rossby Financial LCC boosted its position in SPDR Portfolio Developed World ex-US ETF by 166.0% during the 3rd quarter. Rossby Financial LCC now owns 572 shares of the company’s stock worth $25,000 after acquiring an additional 357 shares during the period. GGM Financials LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter valued at about $26,000. Financial Consulate Inc. bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter valued at about $27,000. Albion Financial Group UT acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth about $29,000. Finally, Longview Financial Advisors LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $36,000.

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. 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.