PFG Private Wealth Management LLC Acquires New Position in SPDR Portfolio Developed World ex-US ETF $SPDW

PFG Private Wealth Management LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 113,897 shares of the company’s stock, valued at approximately $4,874,000. SPDR Portfolio Developed World ex-US ETF accounts for 2.2% of PFG Private Wealth Management LLC’s holdings, making the stock its 12th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Armbruster Capital Management Inc. increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 4.3% in the third quarter. Armbruster Capital Management Inc. now owns 5,835 shares of the company’s stock worth $250,000 after acquiring an additional 240 shares during the last quarter. Orleans Capital Management Corp LA grew its stake in SPDR Portfolio Developed World ex-US ETF by 2.7% in the second quarter. Orleans Capital Management Corp LA now owns 9,780 shares of the company’s stock valued at $396,000 after purchasing an additional 260 shares in the last quarter. Canal Capital Management LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 1.4% in the 2nd quarter. Canal Capital Management LLC now owns 19,397 shares of the company’s stock worth $785,000 after purchasing an additional 262 shares during the last quarter. SBI Securities Co. Ltd. increased its position in SPDR Portfolio Developed World ex-US ETF by 4.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 5,605 shares of the company’s stock worth $227,000 after purchasing an additional 264 shares during the last quarter. Finally, Paladin Advisory Group LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.5% during the 2nd quarter. Paladin Advisory Group LLC now owns 55,598 shares of the company’s stock worth $2,251,000 after purchasing an additional 269 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $49.08 on Thursday. The firm has a market cap of $37.51 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88. The stock has a 50-day simple moving average of $45.76 and a 200-day simple moving average of $43.69. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $32.30 and a 52-week high of $49.18.

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.