Townsquare Capital LLC Trims Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Townsquare Capital LLC lessened its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 50.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 140,909 shares of the company’s stock after selling 144,508 shares during the quarter. SPDR Portfolio Developed World ex-US ETF makes up about 0.9% of Townsquare Capital LLC’s investment portfolio, making the stock its 27th biggest position. Townsquare Capital LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $6,029,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning grew its holdings in SPDR Portfolio Developed World ex-US ETF by 15.0% in the second quarter. Creative Planning now owns 99,636,348 shares of the company’s stock valued at $4,034,276,000 after purchasing an additional 13,016,546 shares during the period. Auto Owners Insurance Co boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 240.8% in the 2nd quarter. Auto Owners Insurance Co now owns 17,576,000 shares of the company’s stock worth $711,652,000 after acquiring an additional 12,419,000 shares during the period. Vantagepoint Investment Advisers LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth approximately $279,072,000. Benjamin Edwards Inc. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the second quarter valued at approximately $124,021,000. Finally, Betterment LLC boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 24.8% in the second quarter. Betterment LLC now owns 7,726,859 shares of the company’s stock valued at $312,861,000 after purchasing an additional 1,535,351 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA SPDW opened at $47.64 on Friday. The firm has a market cap of $36.41 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $32.30 and a 1 year high of $47.86. The stock’s 50-day simple moving average is $44.99 and its 200-day simple moving average is $43.22.

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.