Independent Wealth Network Inc. Increases Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Independent Wealth Network Inc. raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 553.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,593 shares of the company’s stock after acquiring an additional 26,755 shares during the quarter. Independent Wealth Network Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $1,442,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Auto Owners Insurance Co lifted its stake in SPDR Portfolio Developed World ex-US ETF by 5,626.0% during the fourth quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock worth $38,730,349,000 after purchasing an additional 856,878,081 shares during the last quarter. Creative Planning increased 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 purchasing an additional 13,128,208 shares during the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio Developed World ex-US ETF by 9.7% during the fourth quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock worth $1,658,441,000 after purchasing an additional 3,292,815 shares in the last quarter. Allworth Financial LP raised its holdings in SPDR Portfolio Developed World ex-US ETF by 0.3% during the fourth quarter. Allworth Financial LP now owns 29,790,838 shares of the company’s stock worth $1,323,011,000 after purchasing an additional 90,865 shares in the last quarter. Finally, CWM LLC raised its holdings in SPDR Portfolio Developed World ex-US ETF by 6.1% during the fourth quarter. CWM LLC now owns 15,520,557 shares of the company’s stock worth $689,268,000 after purchasing an additional 886,729 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Up 1.2%

Shares of NYSEARCA:SPDW opened at $50.25 on Friday. The firm has a 50 day simple moving average of $50.01 and a 200-day simple moving average of $47.72. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $39.54 and a twelve month high of $52.16. The company has a market capitalization of $40.11 billion, a PE ratio of 16.12 and a beta of 0.83.

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.