Pinnacle Wealth Management Advisory Group LLC Acquires Shares of 47,986 SPDR Portfolio Developed World ex-US ETF $SPDW

Pinnacle Wealth Management Advisory Group LLC bought a new position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 47,986 shares of the company’s stock, valued at approximately $2,191,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Albion Financial Group UT purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at approximately $29,000. Godsey & Gibb Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at approximately $44,000. Hazlett Burt & Watson Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at approximately $46,000. Tucker Asset Management LLC purchased a new stake in SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at $47,000. Finally, Crewe Advisors LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 162.4% in the 4th quarter. Crewe Advisors LLC now owns 1,081 shares of the company’s stock worth $48,000 after purchasing an additional 669 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDW stock opened at $49.87 on Friday. The stock has a market capitalization of $39.81 billion, a P/E ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $39.54 and a 1-year high of $52.16. The business has a fifty day moving average price of $50.03 and a 200-day moving average price of $47.74.

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.