Gradient Investments LLC Has $112.40 Million Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Gradient Investments LLC lessened its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,230,648 shares of the company’s stock after selling 34,671 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises approximately 1.6% of Gradient Investments LLC’s portfolio, making the stock its 12th biggest position. Gradient Investments LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $112,402,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC boosted its position in SPDR Portfolio Developed World ex-US ETF by 13.1% during the 1st quarter. AQR Capital Management LLC now owns 39,917 shares of the company’s stock worth $1,453,000 after acquiring an additional 4,638 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 85.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 450,862 shares of the company’s stock valued at $16,416,000 after purchasing an additional 207,712 shares during the period. Russell Investments Group Ltd. lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 5,537.3% in the second quarter. Russell Investments Group Ltd. now owns 4,679 shares of the company’s stock worth $189,000 after purchasing an additional 4,596 shares in the last quarter. Squarepoint Ops LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the second quarter worth approximately $1,802,000. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 95.3% during the second quarter. Main Street Financial Solutions LLC now owns 10,769 shares of the company’s stock worth $436,000 after purchasing an additional 5,255 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW opened at $51.65 on Friday. The company’s 50 day moving average price is $50.31 and its 200 day moving average price is $48.81. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $40.99 and a 52 week high of $52.16. The company has a market capitalization of $41.60 billion, a PE ratio of 16.12 and a beta of 0.84.

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. 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.