Pinnacle Wealth Management Advisory Group LLC Purchases New Shares in SPDR Portfolio Developed World ex-US ETF $SPDW

Pinnacle Wealth Management Advisory Group LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 47,986 shares of the company’s stock, valued at approximately $2,191,000.

Other institutional investors have also added to or reduced their stakes in the company. Diversify Advisory Services LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 14.4% in the 3rd quarter. Diversify Advisory Services LLC now owns 371,337 shares of the company’s stock worth $16,201,000 after purchasing an additional 46,638 shares in the last quarter. Capital Asset Advisory Services LLC grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 1.6% in the 4th quarter. Capital Asset Advisory Services LLC now owns 1,982,606 shares of the company’s stock worth $90,407,000 after buying an additional 32,025 shares during the last quarter. Confluence Investment Management LLC grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 11.1% in the 4th quarter. Confluence Investment Management LLC now owns 1,637,282 shares of the company’s stock worth $72,712,000 after buying an additional 162,932 shares during the last quarter. Bay Capital Advisors LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 7.1% during the 4th quarter. Bay Capital Advisors LLC now owns 171,941 shares of the company’s stock valued at $7,636,000 after buying an additional 11,358 shares in the last quarter. Finally, Goodman Financial Corp increased its position in SPDR Portfolio Developed World ex-US ETF by 1.5% during the 4th quarter. Goodman Financial Corp now owns 818,239 shares of the company’s stock valued at $36,338,000 after buying an additional 11,700 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Down 0.8%

Shares of NYSEARCA:SPDW opened at $49.87 on Friday. The stock has a fifty day simple moving average of $50.03 and a two-hundred day simple moving average of $47.74. The stock has a market capitalization of $39.81 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $39.54 and a 12-month high of $52.16.

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.