Brighton Securities CORP. Cuts Stake in SPDR Portfolio Developed World ex-US ETF $SPDW

by · The Cerbat Gem

Brighton Securities CORP. cut its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report) by 22.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 534,162 shares of the company’s stock after selling 153,104 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up about 11.2% of Brighton Securities CORP.’s investment portfolio, making the stock its 3rd largest holding. Brighton Securities CORP.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $26,820,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Horizons Wealth Management acquired a new position in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter worth $25,000. TD Waterhouse Canada Inc. acquired a new position in SPDR Portfolio Developed World ex-US ETF during the 2nd quarter valued at about $27,000. Ascentis Independent Advisors bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth about $36,000. Johnson Financial Group Inc. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 1st quarter worth approximately $37,000. Finally, Godsey & Gibb Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter valued at approximately $44,000.

SPDR Portfolio Developed World ex-US ETF Stock Down 0.6%

SPDW traded down $0.29 during trading on Thursday, reaching $49.66. The stock had a trading volume of 9,602,613 shares, compared to its average volume of 4,010,068. The stock has a 50 day moving average of $51.28 and a two-hundred day moving average of $49.95. The firm has a market capitalization of $40.52 billion, a price-to-earnings ratio of 16.12 and a beta of 0.85. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $41.99 and a 1-year high of $52.43.

SPDR Portfolio Developed World ex-US ETF Company Profile

(Free Report)

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.

See Also

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