GM Advisory Group LLC Lowers Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

GM Advisory Group LLC decreased its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1.2% in the third quarter, HoldingsChannel.com reports. The fund owned 404,622 shares of the company’s stock after selling 4,766 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises 0.9% of GM Advisory Group LLC’s portfolio, making the stock its 27th biggest holding. GM Advisory Group LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $15,198,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPDW. ORG Partners LLC purchased a new stake in SPDR Portfolio Developed World ex-US ETF during the 2nd quarter valued at approximately $25,000. WR Wealth Planners LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the second quarter worth about $25,000. Future Financial Wealth Managment LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter worth about $28,000. Arlington Trust Co LLC bought a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at approximately $29,000. Finally, M&R Capital Management Inc. increased its stake in SPDR Portfolio Developed World ex-US ETF by 110.4% in the 2nd quarter. M&R Capital Management Inc. now owns 852 shares of the company’s stock worth $30,000 after acquiring an additional 447 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDW opened at $35.15 on Friday. The stock has a market capitalization of $19.87 billion, a price-to-earnings ratio of 14.67 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $32.17 and a 1 year high of $38.00. The business’s 50 day simple moving average is $36.41 and its 200-day simple moving average is $36.08.

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.