Continuum Advisory LLC Reduces Stock Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Continuum Advisory LLC reduced its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 8.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 138,090 shares of the company’s stock after selling 13,499 shares during the quarter. Continuum Advisory LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $6,304,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Albion Financial Group UT purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth about $29,000. Godsey & Gibb Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter valued at about $44,000. Hazlett Burt & Watson Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at about $46,000. Tucker Asset Management LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at approximately $47,000. Finally, Crewe Advisors LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 162.4% in the 4th quarter. Crewe Advisors LLC now owns 1,081 shares of the company’s stock valued at $48,000 after purchasing an additional 669 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA:SPDW opened at $49.87 on Monday. The company has a market cap of $39.81 billion, a PE ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $39.54 and a twelve month high of $52.16. The company’s 50 day moving average is $50.03 and its two-hundred day moving average is $47.76.

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.