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

Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $49.32 and last traded at $49.2590, with a volume of 587480 shares trading hands. The stock had previously closed at $48.86.

SPDR Portfolio Developed World ex-US ETF Stock Up 1.0%

The firm has a 50 day moving average price of $46.40 and a 200 day moving average price of $44.11. The stock has a market capitalization of $37.73 billion, a PE ratio of 16.12 and a beta of 0.88.

Institutional Trading of SPDR Portfolio Developed World ex-US ETF

Several institutional investors have recently made changes to their positions in the company. Investment Partners LTD. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 2nd quarter valued at approximately $2,023,000. Ashton Thomas Private Wealth LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 18.5% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 69,440 shares of the company’s stock worth $2,971,000 after purchasing an additional 10,865 shares during the period. Bensler LLC lifted its stake in SPDR Portfolio Developed World ex-US ETF by 8.9% in the third quarter. Bensler LLC now owns 134,588 shares of the company’s stock valued at $5,759,000 after purchasing an additional 10,971 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at $14,815,000. Finally, Bristlecone Advisors LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 2.5% in the third quarter. Bristlecone Advisors LLC now owns 976,872 shares of the company’s stock worth $41,800,000 after buying an additional 23,812 shares during the last quarter.

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.