SPDR Portfolio Developed World ex-US ETF $SPDW is Tennessee Valley Asset Management Partners’ 10th Largest Position

Tennessee Valley Asset Management Partners increased its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 5.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 422,792 shares of the company’s stock after purchasing an additional 23,197 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up about 2.4% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 10th largest position. Tennessee Valley Asset Management Partners’ holdings in SPDR Portfolio Developed World ex-US ETF were worth $18,776,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SPDW. Creative Planning raised its holdings in 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 worth $4,825,195,000 after acquiring an additional 13,128,208 shares during the last quarter. 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. Alliancebernstein L.P. purchased a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth approximately $80,086,000. AlphaCore Capital LLC raised its holdings in SPDR Portfolio Developed World ex-US ETF by 159.3% in the 4th quarter. AlphaCore Capital LLC now owns 2,585,522 shares of the company’s stock worth $114,823,000 after acquiring an additional 1,588,557 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in SPDR Portfolio Developed World ex-US ETF by 180.1% in the 4th quarter. Truist Financial Corp now owns 1,926,884 shares of the company’s stock worth $85,573,000 after acquiring an additional 1,239,029 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Down 2.1%

Shares of NYSEARCA SPDW opened at $49.17 on Friday. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $38.76 and a twelve month high of $50.53. The firm has a market cap of $39.25 billion, a P/E ratio of 16.12 and a beta of 0.83. The company has a 50 day moving average of $47.50 and a 200 day moving average of $46.26.

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.