Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) were up 8.9% during trading on Tuesday . The company traded as high as $22.65 and last traded at $22.56, approximately 6,803,300 shares were traded during trading. An increase of 86% from the average daily volume of 3,664,009 shares. The stock had previously closed at $20.71.

The stock’s 50-day simple moving average is $27.88 and its 200 day simple moving average is $29.82.

Hedge funds have recently added to or reduced their stakes in the business. Spectrum Asset Management Inc. NB CA boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 7.0% in the third quarter. Spectrum Asset Management Inc. NB CA now owns 71,704 shares of the company’s stock valued at $2,105,000 after acquiring an additional 4,715 shares during the period. Tower Research Capital LLC TRC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at about $44,000. JT Stratford LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 48.8% in the third quarter. JT Stratford LLC now owns 17,252 shares of the company’s stock valued at $507,000 after acquiring an additional 5,657 shares during the period. Stifel Financial Corp boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 10.4% in the third quarter. Stifel Financial Corp now owns 50,075 shares of the company’s stock valued at $1,471,000 after acquiring an additional 4,714 shares during the period. Finally, Wealth & Pension Services Group Inc. boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 2.6% in the third quarter. Wealth & Pension Services Group Inc. now owns 241,311 shares of the company’s stock valued at $7,085,000 after acquiring an additional 6,107 shares during the period.

About SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

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.

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