N.E.W. Advisory Services LLC Cuts Stock Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

N.E.W. Advisory Services LLC decreased its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 27.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 710,433 shares of the company’s stock after selling 268,666 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises approximately 2.7% of N.E.W. Advisory Services LLC’s holdings, making the stock its 9th largest holding. N.E.W. Advisory Services LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $24,922,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Nottingham Advisors Inc. increased its stake in SPDR Portfolio Developed World ex-US ETF by 5.9% in the 2nd quarter. Nottingham Advisors Inc. now owns 11,510 shares of the company’s stock worth $404,000 after buying an additional 639 shares during the period. Nicholas Hoffman & Company LLC. grew its stake in SPDR Portfolio Developed World ex-US ETF by 69.4% in the 2nd quarter. Nicholas Hoffman & Company LLC. now owns 9,808 shares of the company’s stock worth $344,000 after acquiring an additional 4,017 shares in the last quarter. Range Financial Group LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.4% during the second quarter. Range Financial Group LLC now owns 85,083 shares of the company’s stock worth $2,985,000 after acquiring an additional 306 shares during the period. Stablepoint Partners LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 19.0% during the second quarter. Stablepoint Partners LLC now owns 38,742 shares of the company’s stock worth $1,376,000 after acquiring an additional 6,192 shares during the period. Finally, Belpointe Asset Management LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 30.5% during the second quarter. Belpointe Asset Management LLC now owns 122,413 shares of the company’s stock valued at $4,294,000 after acquiring an additional 28,582 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA SPDW opened at $36.41 on Friday. The stock has a 50 day moving average price of $35.83 and a 200 day moving average price of $35.59. The firm has a market capitalization of $20.58 billion, a price-to-earnings ratio of 14.67 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $29.39 and a 52-week high of $37.27.

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.