GM Advisory Group LLC Has $27.44 Million Stock Position in SPDR Portfolio Developed World ex-US ETF $SPDW

GM Advisory Group LLC boosted its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 10.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 601,166 shares of the company’s stock after acquiring an additional 56,906 shares during the period. SPDR Portfolio Developed World ex-US ETF accounts for 1.1% of GM Advisory Group LLC’s portfolio, making the stock its 24th largest position. GM Advisory Group LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $27,443,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co raised its holdings in SPDR Portfolio Developed World ex-US ETF by 5,626.0% during the 4th 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 boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% in the 3rd 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. Valpey Financial Services LLC boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 4,353.3% in the 4th quarter. Valpey Financial Services LLC now owns 5,507,040 shares of the company’s stock valued at $244,568,000 after purchasing an additional 5,383,378 shares during the last quarter. LPL Financial LLC grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 9.7% during the 4th quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock worth $1,658,441,000 after buying an additional 3,292,815 shares during the period. Finally, State Street Corp grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 43.4% during the 4th quarter. State Street Corp now owns 8,457,483 shares of the company’s stock worth $375,597,000 after buying an additional 2,559,918 shares during the period.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDW opened at $50.07 on Friday. The company has a market cap of $40.20 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The firm has a 50 day simple moving average of $50.14 and a 200 day simple moving average of $47.94. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $39.54 and a fifty-two week 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.