SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Short Interest Update

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 709,157 shares, a decrease of 69.0% from the August 31st total of 2,290,856 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,437,763 shares, the short-interest ratio is currently 0.3 days.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA SPDW traded up $0.52 during midday trading on Friday, hitting $51.07. 1,861,231 shares of the stock traded hands, compared to its average volume of 4,030,995. SPDR Portfolio Developed World ex-US ETF has a one year low of $41.99 and a one year high of $52.43. The business has a 50 day moving average price of $51.13 and a two-hundred day moving average price of $49.71. The company has a market cap of $41.67 billion, a PE ratio of 16.12 and a beta of 0.84.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. QRG Capital Management Inc. grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 24.2% during the second quarter. QRG Capital Management Inc. now owns 6,331 shares of the company’s stock valued at $319,000 after buying an additional 1,234 shares during the last quarter. Pecaut & CO. raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 0.9% in the 2nd quarter. Pecaut & CO. now owns 298,409 shares of the company’s stock worth $15,037,000 after acquiring an additional 2,546 shares during the last quarter. Tortoise Investment Management LLC lifted its position in SPDR Portfolio Developed World ex-US ETF by 2.8% in the 2nd quarter. Tortoise Investment Management LLC now owns 284,576 shares of the company’s stock valued at $14,340,000 after acquiring an additional 7,664 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in SPDR Portfolio Developed World ex-US ETF by 1.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 23,587 shares of the company’s stock valued at $1,189,000 after purchasing an additional 272 shares during the last quarter. Finally, Tidal Investments LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF during the 2nd quarter valued at about $42,218,000.

SPDR Portfolio Developed World ex-US ETF Company 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. 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.