Arete Wealth Advisors LLC Grows Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Arete Wealth Advisors LLC grew its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 9.6% during the third quarter, HoldingsChannel.com reports. The fund owned 187,667 shares of the company’s stock after acquiring an additional 16,508 shares during the quarter. Arete Wealth Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $8,039,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPDW. Cornerstone Financial Group LLC NE grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% in the third quarter. Cornerstone Financial Group LLC NE now owns 167,137 shares of the company’s stock valued at $7,152,000 after purchasing an additional 19,473 shares in the last quarter. Strategies Wealth Advisors LLC lifted its position in SPDR Portfolio Developed World ex-US ETF by 1.1% during the third quarter. Strategies Wealth Advisors LLC now owns 3,374,580 shares of the company’s stock valued at $144,398,000 after purchasing an additional 35,560 shares during the last quarter. 49 Wealth Management LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth $215,000. Brand Asset Management Group Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth $1,176,000. Finally, Caitlin John LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 1.0% in the 3rd quarter. Caitlin John LLC now owns 56,719 shares of the company’s stock worth $2,427,000 after buying an additional 534 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Down 0.2%

Shares of NYSEARCA SPDW opened at $49.87 on Friday. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $32.30 and a 12-month high of $50.09. The firm’s 50-day moving average price is $46.90 and its 200-day moving average price is $44.40. The stock has a market capitalization of $38.12 billion, a price-to-earnings 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.