SPDR Portfolio Developed World ex-US ETF $SPDW Shares Sold by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners trimmed its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 399,595 shares of the company’s stock after selling 29,485 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises about 2.3% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 10th biggest holding. Tennessee Valley Asset Management Partners’ holdings in SPDR Portfolio Developed World ex-US ETF were worth $17,099,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SPDW. Creative Planning grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 15.0% in the 2nd quarter. Creative Planning now owns 99,636,348 shares of the company’s stock valued at $4,034,276,000 after buying an additional 13,016,546 shares during the last quarter. CWM LLC lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 3.2% in the third quarter. CWM LLC now owns 14,633,828 shares of the company’s stock valued at $626,182,000 after acquiring an additional 452,210 shares in the last quarter. TIAA Trust National Association grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.4% in the third quarter. TIAA Trust National Association now owns 13,631,083 shares of the company’s stock valued at $583,274,000 after purchasing an additional 50,916 shares during the period. Betterment LLC increased its stake in SPDR Portfolio Developed World ex-US ETF by 24.8% during the second quarter. Betterment LLC now owns 7,726,859 shares of the company’s stock worth $312,861,000 after acquiring an additional 1,535,351 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in SPDR Portfolio Developed World ex-US ETF by 10.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,371,836 shares of the company’s stock worth $315,441,000 after buying an additional 724,242 shares during the last quarter.

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

NYSEARCA:SPDW opened at $46.84 on Thursday. The company’s 50 day moving average is $47.34 and its 200-day moving average is $44.71. The firm has a market cap of $35.80 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $32.30 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.