Belpointe Asset Management LLC raised its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report) by 45.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 364,758 shares of the company’s stock after purchasing an additional 114,097 shares during the period. Belpointe Asset Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $16,199,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fortitude Financial LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the fourth quarter valued at $8,721,000. Global Financial Private Client LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 29.3% during the fourth quarter. Global Financial Private Client LLC now owns 78,099 shares of the company’s stock worth $3,468,000 after acquiring an additional 17,676 shares in the last quarter. Seeds Investor LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 12.4% during the fourth quarter. Seeds Investor LLC now owns 349,515 shares of the company’s stock worth $15,522,000 after acquiring an additional 38,552 shares in the last quarter. Security Financial Services INC. increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 2.9% during the fourth quarter. Security Financial Services INC. now owns 222,641 shares of the company’s stock worth $9,887,000 after acquiring an additional 6,335 shares in the last quarter. Finally, River Street Advisors LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 5.8% during the fourth quarter. River Street Advisors LLC now owns 29,471 shares of the company’s stock worth $1,309,000 after acquiring an additional 1,628 shares in the last quarter.
SPDR Portfolio Developed World ex-US ETF Price Performance
NYSEARCA:SPDW opened at $49.53 on Monday. The firm has a 50-day moving average of $47.40 and a 200-day moving average of $45.52. The company has a market cap of $39.54 billion, a PE ratio of 16.12 and a beta of 0.84. SPDR Portfolio Developed World ex-US ETF has a one year low of $35.88 and a one year high of $50.09.
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.
Further Reading
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