Convergence Financial LLC Has $7.55 Million Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Convergence Financial LLC decreased its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 5.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 176,447 shares of the company’s stock after selling 10,629 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises 1.1% of Convergence Financial LLC’s portfolio, making the stock its 25th largest holding. Convergence Financial LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $7,550,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Financial Consulate Inc. acquired a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at approximately $27,000. Stone House Investment Management LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at $40,000. Clarity Asset Management Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the second quarter worth $44,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the second quarter worth $49,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the second quarter valued at $51,000.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA SPDW opened at $49.37 on Friday. SPDR Portfolio Developed World ex-US ETF has a one year low of $32.30 and a one year high of $49.40. The business’s 50-day moving average price is $46.40 and its two-hundred day moving average price is $44.08. The company has a market capitalization of $37.73 billion, a P/E ratio of 16.12 and a beta of 0.88.

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.