Cedar Point Capital Partners LLC Reduces Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Cedar Point Capital Partners LLC decreased its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 5.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,250 shares of the company’s stock after selling 941 shares during the period. Cedar Point Capital Partners LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $555,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 14.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,515,978 shares of the company’s stock valued at $56,940,000 after buying an additional 196,245 shares during the period. McNamara Financial Services Inc. grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.9% in the 3rd quarter. McNamara Financial Services Inc. now owns 2,205,218 shares of the company’s stock valued at $82,828,000 after buying an additional 18,795 shares during the period. Ausdal Financial Partners Inc. boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 2.5% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 452,763 shares of the company’s stock worth $17,006,000 after purchasing an additional 11,212 shares during the period. Cabot Wealth Management Inc. boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 2.7% during the 3rd quarter. Cabot Wealth Management Inc. now owns 69,429 shares of the company’s stock worth $2,608,000 after purchasing an additional 1,849 shares during the period. Finally, Newport Capital Group LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 2nd quarter worth approximately $521,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA:SPDW opened at $35.29 on Thursday. The stock has a market capitalization of $19.95 billion, a P/E ratio of 14.67 and a beta of 0.88. The company has a 50 day moving average price of $34.96 and a 200 day moving average price of $35.79. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $33.11 and a fifty-two week high of $38.00.

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.