SPDR Portfolio Developed World ex-US ETF $SPDW Position Lowered by Modera Wealth Management LLC

Modera Wealth Management LLC trimmed its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 23.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 199,721 shares of the company’s stock after selling 60,410 shares during the period. Modera Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $9,117,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPDW. NovaPoint Capital LLC lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 15.5% during the 1st quarter. NovaPoint Capital LLC now owns 268,597 shares of the company’s stock worth $12,261,000 after buying an additional 36,029 shares during the last quarter. Angeles Wealth Management LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 107.3% in the 1st quarter. Angeles Wealth Management LLC now owns 4,629 shares of the company’s stock valued at $211,000 after acquiring an additional 2,396 shares during the last quarter. Bessemer Group Inc. raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 1,405.1% during the 1st quarter. Bessemer Group Inc. now owns 11,740 shares of the company’s stock valued at $535,000 after acquiring an additional 10,960 shares in the last quarter. SteelPeak Wealth LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 7.1% during the 1st quarter. SteelPeak Wealth LLC now owns 12,585 shares of the company’s stock valued at $575,000 after acquiring an additional 835 shares in the last quarter. Finally, Independent Financial Group LLC bought a new position in SPDR Portfolio Developed World ex-US ETF during the first quarter worth $7,553,000.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDW opened at $49.38 on Friday. The stock has a market capitalization of $39.65 billion, a PE ratio of 16.12 and a beta of 0.83. The business’s fifty day moving average price is $50.34 and its 200 day moving average price is $48.32. 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.