Merit Financial Group LLC Boosts Stock Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Merit Financial Group LLC lifted its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 39.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 355,218 shares of the company’s stock after purchasing an additional 100,294 shares during the period. Merit Financial Group LLC owned about 0.07% of SPDR Portfolio Developed World ex-US ETF worth $12,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. FinTrust Capital Advisors LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $47,000. Raymond James & Associates raised its position in SPDR Portfolio Developed World ex-US ETF by 16.4% during the third quarter. Raymond James & Associates now owns 323,364 shares of the company’s stock worth $10,028,000 after acquiring an additional 45,445 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 9.3% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 1,927,247 shares of the company’s stock valued at $59,764,000 after purchasing an additional 164,344 shares in the last quarter. J.W. Cole Advisors Inc. lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 1.6% during the third quarter. J.W. Cole Advisors Inc. now owns 21,715 shares of the company’s stock valued at $673,000 after purchasing an additional 338 shares in the last quarter. Finally, Legacy Financial Group LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at about $70,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW stock traded up $0.34 on Friday, reaching $35.43. 2,251,065 shares of the company were exchanged, compared to its average volume of 3,396,739. The company has a market cap of $19.90 billion, a price-to-earnings ratio of 14.04 and a beta of 0.86. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $29.39 and a 1 year high of $35.94. The business has a 50-day moving average price of $35.17 and a 200 day moving average price of $33.58.

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.