Concourse Financial Group Securities Inc. Lowers Position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Concourse Financial Group Securities Inc. lessened its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 90.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,650 shares of the company’s stock after selling 15,797 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $62,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Granite Bay Wealth Management LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 7,941.3% in the second quarter. Granite Bay Wealth Management LLC now owns 4,584,357 shares of the company’s stock worth $163,233,000 after purchasing an additional 4,527,347 shares during the last quarter. LPL Financial LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 8.8% in the second quarter. LPL Financial LLC now owns 27,846,706 shares of the company’s stock worth $976,862,000 after purchasing an additional 2,244,478 shares during the last quarter. Norden Group LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 3,458.6% in the first quarter. Norden Group LLC now owns 1,427,601 shares of the company’s stock worth $51,144,000 after purchasing an additional 1,387,484 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its position in SPDR Portfolio Developed World ex-US ETF by 462.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,571,651 shares of the company’s stock worth $55,133,000 after purchasing an additional 1,292,314 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 797.3% in the second quarter. Strategic Financial Concepts LLC now owns 1,383,326 shares of the company’s stock worth $485,000 after purchasing an additional 1,229,166 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW opened at $36.91 on Monday. The company’s fifty day moving average is $36.72 and its 200 day moving average is $35.96. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $29.39 and a fifty-two week high of $38.00. The stock has a market capitalization of $20.87 billion, a PE ratio of 14.67 and a beta of 0.88.

About SPDR Portfolio Developed World ex-US ETF

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.