LPL Financial LLC Has $1.66 Billion Stock Position in SPDR Portfolio Developed World ex-US ETF $SPDW

LPL Financial LLC raised its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 9.7% in the fourth quarter, HoldingsChannel reports. The fund owned 37,343,862 shares of the company’s stock after purchasing an additional 3,292,815 shares during the quarter. LPL Financial LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $1,658,441,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SPDW. AQR Capital Management LLC grew its stake in SPDR Portfolio Developed World ex-US ETF by 13.1% in the first quarter. AQR Capital Management LLC now owns 39,917 shares of the company’s stock valued at $1,453,000 after acquiring an additional 4,638 shares during the period. Goldman Sachs Group Inc. grew its stake in SPDR Portfolio Developed World ex-US ETF by 85.4% in the first quarter. Goldman Sachs Group Inc. now owns 450,862 shares of the company’s stock valued at $16,416,000 after acquiring an additional 207,712 shares during the period. Russell Investments Group Ltd. grew its stake in 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 valued at $189,000 after acquiring an additional 4,596 shares during the period. Squarepoint Ops LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the second quarter valued at approximately $1,802,000. Finally, Main Street Financial Solutions LLC grew its stake in SPDR Portfolio Developed World ex-US ETF by 95.3% in the second quarter. Main Street Financial Solutions LLC now owns 10,769 shares of the company’s stock valued at $436,000 after acquiring an additional 5,255 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $49.33 on Monday. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $38.76 and a 52 week high of $51.53. The stock has a 50 day moving average price of $48.86 and a two-hundred day moving average price of $47.00. The stock has a market capitalization of $39.38 billion, a PE ratio of 16.12 and a beta of 0.83.

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.