Zhang Financial LLC Has $2.86 Million Stock Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Zhang Financial LLC raised its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 27.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,600 shares of the company’s stock after purchasing an additional 13,551 shares during the quarter. Zhang Financial LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,858,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SPDW. Capital Asset Advisory Services LLC boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 1.6% during the 4th quarter. Capital Asset Advisory Services LLC now owns 1,982,606 shares of the company’s stock worth $90,407,000 after acquiring an additional 32,025 shares during the period. Bay Capital Advisors LLC grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 7.1% in the fourth quarter. Bay Capital Advisors LLC now owns 171,941 shares of the company’s stock valued at $7,636,000 after acquiring an additional 11,358 shares in the last quarter. Confluence Investment Management LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 11.1% during the fourth quarter. Confluence Investment Management LLC now owns 1,637,282 shares of the company’s stock worth $72,712,000 after purchasing an additional 162,932 shares during the period. Goodman Financial Corp increased its stake in SPDR Portfolio Developed World ex-US ETF by 1.5% during the 4th quarter. Goodman Financial Corp now owns 818,239 shares of the company’s stock worth $36,338,000 after acquiring an additional 11,700 shares during the period. Finally, Balefire LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 25.3% in the fourth quarter. Balefire LLC now owns 103,155 shares of the company’s stock worth $4,581,000 after purchasing an additional 20,827 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Down 0.5%

SPDW stock opened at $49.38 on Friday. The company’s 50-day moving average price is $50.34 and its two-hundred day moving average price is $48.32. The firm has a market cap of $39.65 billion, a P/E ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $39.54 and a 12 month 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.