Confluence Investment Management LLC Has $74.72 Million Stock Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Confluence Investment Management LLC decreased its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,482,773 shares of the company’s stock after selling 109,720 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $74,717,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 13.1% in the first quarter. AQR Capital Management LLC now owns 39,917 shares of the company’s stock valued at $1,453,000 after purchasing an additional 4,638 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in SPDR Portfolio Developed World ex-US ETF by 85.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 450,862 shares of the company’s stock valued at $16,416,000 after purchasing an additional 207,712 shares during the period. Russell Investments Group Ltd. boosted its stake in SPDR Portfolio Developed World ex-US ETF by 5,537.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,679 shares of the company’s stock valued at $189,000 after purchasing an additional 4,596 shares during the period. Squarepoint Ops LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the 2nd quarter valued at $1,802,000. Finally, Main Street Financial Solutions LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 95.3% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,769 shares of the company’s stock valued at $436,000 after buying an additional 5,255 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDW stock opened at $50.34 on Tuesday. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $40.20 and a fifty-two week high of $52.16. The stock has a market capitalization of $40.55 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The business’s fifty day moving average price is $50.29 and its two-hundred day moving average price is $48.68.

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.