SPDR Portfolio Developed World ex-US ETF $SPDW is Concord Wealth Partners’ 2nd Largest Position

Concord Wealth Partners grew its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 740,978 shares of the company’s stock after buying an additional 42,405 shares during the period. SPDR Portfolio Developed World ex-US ETF accounts for 4.3% of Concord Wealth Partners’ holdings, making the stock its 2nd biggest position. Concord Wealth Partners owned 0.10% of SPDR Portfolio Developed World ex-US ETF worth $32,907,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPDW. AQR Capital Management LLC raised its holdings in shares of 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 worth $1,453,000 after buying an additional 4,638 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of 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 worth $16,416,000 after buying an additional 207,712 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of 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 worth $189,000 after buying an additional 4,596 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the second quarter worth $1,802,000. Finally, Main Street Financial Solutions LLC raised its holdings in shares of 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 worth $436,000 after buying an additional 5,255 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA SPDW opened at $48.51 on Monday. The company has a fifty day simple moving average of $47.38 and a two-hundred day simple moving average of $45.70. The stock has a market cap of $38.73 billion, a P/E ratio of 16.12 and a beta of 0.84. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $37.29 and a 12-month high of $50.09.

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.