Paladin Wealth LLC grew its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report) by 17.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 77,833 shares of the company’s stock after purchasing an additional 11,725 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises approximately 2.4% of Paladin Wealth LLC’s holdings, making the stock its 9th largest holding. Paladin Wealth LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $3,457,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Creative Planning lifted its stake in SPDR Portfolio Developed World ex-US ETF by 13.2% in the third quarter. Creative Planning now owns 112,764,556 shares of the company’s stock valued at $4,825,195,000 after buying an additional 13,128,208 shares during the period. Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter worth about $279,072,000. Benjamin Edwards Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 2nd quarter worth about $124,021,000. Alliancebernstein L.P. bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $80,086,000. Finally, Betterment LLC increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 24.8% in the 2nd quarter. Betterment LLC now owns 7,726,859 shares of the company’s stock valued at $312,861,000 after acquiring an additional 1,535,351 shares during the last quarter.
SPDR Portfolio Developed World ex-US ETF Price Performance
Shares of NYSEARCA:SPDW opened at $44.19 on Tuesday. The firm’s 50 day simple moving average is $47.24 and its 200 day simple moving average is $45.04. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $32.30 and a fifty-two week high of $50.09. The company has a market capitalization of $33.77 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88.
SPDR Portfolio Developed World ex-US ETF 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.
Further Reading
Want to see what other hedge funds are holding SPDW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report).
Receive News & Ratings for SPDR Portfolio Developed World ex-US ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Developed World ex-US ETF and related companies with MarketBeat.com's FREE daily email newsletter.
