JDM Financial Group LLC boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report) by 13.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 744,083 shares of the company’s stock after purchasing an additional 89,654 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises approximately 7.1% of JDM Financial Group LLC’s investment portfolio, making the stock its 2nd biggest position. JDM Financial Group LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $33,967,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of SPDW. Hobbs Group Advisors LLC lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3.1% during the 1st quarter. Hobbs Group Advisors LLC now owns 574,518 shares of the company’s stock worth $26,227,000 after buying an additional 17,417 shares during the last quarter. Western Wealth Management LLC grew its stake in SPDR Portfolio Developed World ex-US ETF by 47.4% in the 1st quarter. Western Wealth Management LLC now owns 295,301 shares of the company’s stock valued at $13,480,000 after buying an additional 94,945 shares during the last quarter. Orographic Financial Advisors LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at about $440,000. Arkadios Wealth Advisors grew its stake in SPDR Portfolio Developed World ex-US ETF by 197.5% in the 1st quarter. Arkadios Wealth Advisors now owns 50,430 shares of the company’s stock valued at $2,302,000 after buying an additional 33,477 shares during the last quarter. Finally, Gould Capital LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at about $124,000.
SPDR Portfolio Developed World ex-US ETF Stock Up 3.0%
Shares of SPDW stock opened at $50.42 on Friday. The firm has a 50 day moving average price of $50.29 and a two-hundred day moving average price of $48.62. The company has a market capitalization of $40.61 billion, a PE ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $39.54 and a 12-month high of $52.16.
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.
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