SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) Sees Large Volume Increase – Should You Buy?

SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) saw unusually-high trading volume on Monday . Approximately 6,535,825 shares were traded during trading, an increase of 68% from the previous session’s volume of 3,894,630 shares.The stock last traded at $33.78 and had previously closed at $33.92.

SPDR Portfolio Developed World ex-US ETF Price Performance

The firm has a market cap of $19.42 billion, a P/E ratio of 14.67 and a beta of 0.88. The firm’s 50 day moving average is $35.07 and its 200 day moving average is $35.82.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 14.9% in the third quarter. JPMorgan Chase & Co. now owns 1,515,978 shares of the company’s stock worth $56,940,000 after purchasing an additional 196,245 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in SPDR Portfolio Developed World ex-US ETF by 5.9% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 16,086 shares of the company’s stock valued at $564,000 after acquiring an additional 900 shares during the period. McNamara Financial Services Inc. lifted its stake in SPDR Portfolio Developed World ex-US ETF by 0.9% during the 3rd quarter. McNamara Financial Services Inc. now owns 2,205,218 shares of the company’s stock valued at $82,828,000 after acquiring an additional 18,795 shares during the period. Benjamin Edwards Inc. boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 956.0% during the 2nd quarter. Benjamin Edwards Inc. now owns 95,413 shares of the company’s stock valued at $3,347,000 after acquiring an additional 86,378 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 2.5% in the third quarter. Ausdal Financial Partners Inc. now owns 452,763 shares of the company’s stock worth $17,006,000 after acquiring an additional 11,212 shares during the period.

SPDR Portfolio Developed World ex-US ETF Company Profile

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.