SP Funds S&P World (ex-US) ETF $SPWO is Shariaportfolio Inc.’s 4th Largest Position

Shariaportfolio Inc. decreased its position in SP Funds S&P World (ex-US) ETF (NYSEARCA:SPWO) by 3.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 779,660 shares of the company’s stock after selling 29,609 shares during the period. SP Funds S&P World (ex-US) ETF comprises about 9.7% of Shariaportfolio Inc.’s investment portfolio, making the stock its 4th biggest holding. Shariaportfolio Inc. owned 15.69% of SP Funds S&P World (ex-US) ETF worth $21,986,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. lifted its holdings in shares of SP Funds S&P World (ex-US) ETF by 65.0% in the fourth quarter. TD Waterhouse Canada Inc. now owns 81,293 shares of the company’s stock valued at $2,215,000 after purchasing an additional 32,030 shares in the last quarter. Tidal Investments LLC boosted its position in shares of SP Funds S&P World (ex-US) ETF by 106.2% in the second quarter. Tidal Investments LLC now owns 48,508 shares of the company’s stock worth $1,184,000 after buying an additional 24,978 shares during the period. Jane Street Group LLC grew its holdings in shares of SP Funds S&P World (ex-US) ETF by 105.9% during the first quarter. Jane Street Group LLC now owns 34,845 shares of the company’s stock valued at $765,000 after buying an additional 17,925 shares in the last quarter. Susquehanna International Group LLP purchased a new position in shares of SP Funds S&P World (ex-US) ETF during the third quarter valued at $761,000. Finally, Cetera Investment Advisers acquired a new position in SP Funds S&P World (ex-US) ETF during the first quarter valued at $486,000.

SP Funds S&P World (ex-US) ETF Stock Performance

Shares of SP Funds S&P World (ex-US) ETF stock opened at $32.04 on Monday. The stock has a 50-day moving average price of $33.25 and a 200 day moving average price of $31.23. The company has a market cap of $197.05 million, a P/E ratio of 21.74 and a beta of 0.89. SP Funds S&P World has a 1 year low of $23.86 and a 1 year high of $35.46.

About SP Funds S&P World (ex-US) ETF

The SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund that is based on the S&P DM Ex-U.S. & EM 50/50 Shariah index. The fund tracks an index of 500 Sharia-compliant companies from developed and emerging markets outside the US. Holdings are modified market cap-weighted SPWO was launched on Dec 19, 2023 and is issued by SP Funds.