Gibbs Wealth Management Reduces Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Gibbs Wealth Management trimmed its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 16.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 327,940 shares of the company’s stock after selling 64,483 shares during the period. SPDR Portfolio Developed World ex-US ETF accounts for about 3.2% of Gibbs Wealth Management’s portfolio, making the stock its 2nd biggest holding. Gibbs Wealth Management’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $14,033,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Investment Partners LTD. acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the second quarter valued at approximately $2,023,000. Total Clarity Wealth Management Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the second quarter worth $3,605,000. Astoria Portfolio Advisors LLC. lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 61.8% in the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 397,532 shares of the company’s stock valued at $16,414,000 after acquiring an additional 151,874 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at $14,815,000. Finally, Bristlecone Advisors LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 2.5% during the 3rd quarter. Bristlecone Advisors LLC now owns 976,872 shares of the company’s stock valued at $41,800,000 after acquiring an additional 23,812 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Up 0.7%

Shares of SPDW stock opened at $46.74 on Friday. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $32.30 and a twelve month high of $46.75. The stock’s fifty day simple moving average is $44.61 and its 200 day simple moving average is $43.03. The firm has a market capitalization of $35.42 billion, a P/E ratio of 16.12 and a beta of 0.88.

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. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.