Carroll Advisory Group LLC Makes New $2.98 Million Investment in SPDR Portfolio Developed World ex-US ETF $SPDW

Carroll Advisory Group LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 67,095 shares of the company’s stock, valued at approximately $2,980,000. SPDR Portfolio Developed World ex-US ETF accounts for 1.3% of Carroll Advisory Group LLC’s investment portfolio, making the stock its 22nd biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Rossby Financial LCC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 166.0% during the 3rd quarter. Rossby Financial LCC now owns 572 shares of the company’s stock valued at $25,000 after acquiring an additional 357 shares during the last quarter. GGM Financials LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $26,000. Albion Financial Group UT bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at approximately $29,000. Longview Financial Advisors LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the third quarter worth $36,000. Finally, Tucker Asset Management LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth $47,000.

SPDR Portfolio Developed World ex-US ETF Stock Down 0.3%

Shares of SPDW opened at $50.21 on Friday. The company has a market cap of $40.08 billion, a PE ratio of 16.12 and a beta of 0.83. The business has a fifty day moving average of $47.81 and a 200 day moving average of $46.47. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $38.76 and a 52-week high of $50.53.

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.