Sheets Smith Wealth Management Reduces Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Sheets Smith Wealth Management lowered its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,182 shares of the company’s stock after selling 1,179 shares during the quarter. Sheets Smith Wealth Management’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $4,325,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Merit Financial Group LLC boosted its position in SPDR Portfolio Developed World ex-US ETF by 39.3% in the 4th quarter. Merit Financial Group LLC now owns 355,218 shares of the company’s stock valued at $12,081,000 after buying an additional 100,294 shares during the period. IAG Wealth Partners LLC lifted its stake in SPDR Portfolio Developed World ex-US ETF by 38.4% in the fourth quarter. IAG Wealth Partners LLC now owns 1,335,022 shares of the company’s stock worth $45,404,000 after acquiring an additional 370,483 shares during the period. Larson Financial Group LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 26.1% during the 4th quarter. Larson Financial Group LLC now owns 144,360 shares of the company’s stock worth $4,910,000 after acquiring an additional 29,840 shares in the last quarter. Luken Investment Analytics LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 2,662.2% in the 4th quarter. Luken Investment Analytics LLC now owns 8,121 shares of the company’s stock valued at $276,000 after purchasing an additional 7,827 shares in the last quarter. Finally, Millington Financial Advisors LLC boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3.2% during the fourth quarter. Millington Financial Advisors LLC now owns 175,532 shares of the company’s stock valued at $5,970,000 after purchasing an additional 5,508 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA:SPDW traded up $0.34 during trading hours on Friday, reaching $35.43. The company’s stock had a trading volume of 2,251,083 shares, compared to its average volume of 3,396,739. The company has a market capitalization of $19.90 billion, a P/E ratio of 14.04 and a beta of 0.86. The stock has a 50 day moving average price of $35.17 and a two-hundred day moving average price of $33.62. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $29.39 and a 12 month high of $35.94.

SPDR Portfolio Developed World ex-US ETF 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.