SPDR Portfolio Developed World ex-US ETF $SPDW Stock: Park Avenue Securities LLC Cuts Position

Park Avenue Securities LLC decreased its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 37.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,746,672 shares of the company’s stock after selling 1,056,706 shares during the period. Park Avenue Securities LLC owned about 0.21% of SPDR Portfolio Developed World ex-US ETF worth $87,700,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Horizons Wealth Management bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter valued at $25,000. Hanson & Doremus Investment Management purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter valued at $26,000. TD Waterhouse Canada Inc. bought a new stake in SPDR Portfolio Developed World ex-US ETF in the 2nd quarter worth about $27,000. GK Wealth Management LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth about $40,000. Finally, Ascentis Independent Advisors bought a new stake in SPDR Portfolio Developed World ex-US ETF in the 1st quarter worth about $36,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA SPDW opened at $49.25 on Tuesday. SPDR Portfolio Developed World ex-US ETF has a one year low of $41.99 and a one year high of $52.43. The stock has a 50-day moving average of $50.86 and a 200 day moving average of $49.24. The company has a market capitalization of $40.79 billion, a price-to-earnings ratio of 16.12 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. 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.