Brookstone Capital Management Lowers Stock Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Brookstone Capital Management cut its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 2.3% during the first quarter, HoldingsChannel.com reports. The fund owned 368,947 shares of the company’s stock after selling 8,719 shares during the quarter. Brookstone Capital Management’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $13,223,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. UBS Group AG increased its holdings in SPDR Portfolio Developed World ex-US ETF by 108.7% during the fourth quarter. UBS Group AG now owns 7,743,804 shares of the company’s stock valued at $263,367,000 after buying an additional 4,032,713 shares during the period. Truist Financial Corp lifted its position in SPDR Portfolio Developed World ex-US ETF by 1,090.6% during the fourth quarter. Truist Financial Corp now owns 3,844,436 shares of the company’s stock valued at $130,749,000 after acquiring an additional 3,521,531 shares during the last quarter. Pathstone Holdings LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the fourth quarter valued at approximately $105,807,000. Advocacy Wealth Management Services LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at $76,327,000. Finally, CWM LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 26.9% in the 4th quarter. CWM LLC now owns 9,026,453 shares of the company’s stock worth $306,990,000 after purchasing an additional 1,915,733 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA:SPDW opened at $35.05 on Friday. The business’s 50-day moving average is $35.72 and its 200 day moving average is $34.82. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $29.39 and a 1 year high of $36.66. The firm has a market capitalization of $19.81 billion, a P/E ratio of 14.67 and a beta of 0.88.

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.