Midwest Financial Network LLC Sells 38,068 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

Midwest Financial Network LLC cut its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 38.8% during the 1st quarter, HoldingsChannel reports. The firm owned 60,109 shares of the company’s stock after selling 38,068 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises about 2.2% of Midwest Financial Network LLC’s portfolio, making the stock its 14th largest holding. Midwest Financial Network LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,744,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Savvy Advisors Inc. lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 55.2% in the fourth quarter. Savvy Advisors Inc. now owns 66,518 shares of the company’s stock valued at $2,954,000 after purchasing an additional 23,653 shares in the last quarter. Amicus Financial Advisors LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth about $10,633,000. Sanchez Wealth Management Group grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 55.7% during the fourth quarter. Sanchez Wealth Management Group now owns 302,504 shares of the company’s stock worth $13,434,000 after buying an additional 108,256 shares in the last quarter. Delta Wealth Advisors LLC raised its position in SPDR Portfolio Developed World ex-US ETF by 30.0% in the 4th quarter. Delta Wealth Advisors LLC now owns 214,070 shares of the company’s stock valued at $9,507,000 after buying an additional 49,409 shares during the last quarter. Finally, BCS Wealth Management raised its position in SPDR Portfolio Developed World ex-US ETF by 101.3% in the 4th quarter. BCS Wealth Management now owns 260,348 shares of the company’s stock valued at $11,562,000 after buying an additional 131,028 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA SPDW opened at $50.06 on Friday. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $39.54 and a 52 week high of $52.16. The stock’s 50 day moving average price is $50.28 and its two-hundred day moving average price is $48.63. The stock has a market capitalization of $40.32 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83.

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.