McClarren Financial Advisors Inc. Sells 13,952 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

McClarren Financial Advisors Inc. lowered its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 82.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,962 shares of the company’s stock after selling 13,952 shares during the period. McClarren Financial Advisors Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $132,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Rossby Financial LCC boosted its holdings in shares of 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 valued at $25,000 after acquiring an additional 357 shares in the last quarter. GGM Financials LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth about $26,000. Financial Consulate Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF in the third quarter valued at about $27,000. Longview Financial Advisors LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the third quarter valued at about $36,000. Finally, Stone House Investment Management LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter valued at about $40,000.

SPDR Portfolio Developed World ex-US ETF Trading Down 2.3%

NYSEARCA:SPDW opened at $44.56 on Friday. The stock’s 50-day moving average is $47.32 and its 200-day moving average is $44.98. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $32.30 and a 1-year high of $50.09. The stock has a market cap of $34.06 billion, a P/E ratio of 16.12 and a beta of 0.88.

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.