Northwest Wealth Advisors LLC Boosts Stake in SPDR Portfolio Developed World ex-US ETF $SPDW

Northwest Wealth Advisors LLC increased its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 14.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,456 shares of the company’s stock after purchasing an additional 12,175 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up 3.2% of Northwest Wealth Advisors LLC’s portfolio, making the stock its 10th biggest position. Northwest Wealth Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $4,449,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPDW. Albion Financial Group UT bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter worth approximately $29,000. Ascentis Independent Advisors bought a new stake in SPDR Portfolio Developed World ex-US ETF in the first quarter valued at $36,000. Godsey & Gibb Inc. bought a new stake in SPDR Portfolio Developed World ex-US ETF in the first quarter valued at $44,000. Hazlett Burt & Watson Inc. acquired a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth $46,000. Finally, Tucker Asset Management LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth $47,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA SPDW traded down $0.78 during midday trading on Tuesday, reaching $50.06. 394,834 shares of the company traded hands, compared to its average volume of 4,624,295. The firm has a market cap of $40.19 billion, a PE ratio of 16.12 and a beta of 0.83. The stock’s 50-day simple moving average is $50.20 and its 200-day simple moving average is $48.00. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $39.54 and a 12 month high of $52.16.

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.