Newport Capital Group LLC Has $29,000 Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Newport Capital Group LLC cut its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 97.0% during the fourth quarter, Holdings Channel reports. The fund owned 660 shares of the company’s stock after selling 21,444 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises about 0.0% of Newport Capital Group LLC’s holdings, making the stock its 29th biggest holding. Newport Capital Group LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $29,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SPDW. Creative Planning increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% during the 3rd quarter. Creative Planning now owns 112,764,556 shares of the company’s stock worth $4,825,195,000 after acquiring an additional 13,128,208 shares during the last quarter. Alliancebernstein L.P. acquired a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at $80,086,000. AlphaCore Capital LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 159.3% in the 4th quarter. AlphaCore Capital LLC now owns 2,585,522 shares of the company’s stock valued at $114,823,000 after buying an additional 1,588,557 shares in the last quarter. Truist Financial Corp grew its holdings in SPDR Portfolio Developed World ex-US ETF by 180.1% in the 4th quarter. Truist Financial Corp now owns 1,926,884 shares of the company’s stock valued at $85,573,000 after buying an additional 1,239,029 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in SPDR Portfolio Developed World ex-US ETF by 26.9% in the 2nd quarter. Bank of America Corp DE now owns 5,612,518 shares of the company’s stock valued at $227,251,000 after buying an additional 1,188,841 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA SPDW opened at $51.05 on Friday. The stock’s fifty day moving average price is $48.19 and its two-hundred day moving average price is $46.70. SPDR Portfolio Developed World ex-US ETF has a one year low of $38.76 and a one year high of $51.19. The firm has a market cap of $40.75 billion, a price-to-earnings 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.