SPDR Portfolio Developed World ex-US ETF $SPDW Stake Lifted by Summit Global Investments

Summit Global Investments increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 374,245 shares of the company’s stock after purchasing an additional 22,023 shares during the quarter. SPDR Portfolio Developed World ex-US ETF accounts for 0.9% of Summit Global Investments’ portfolio, making the stock its 12th biggest holding. Summit Global Investments’ holdings in SPDR Portfolio Developed World ex-US ETF were worth $18,791,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. DWM Financial Group Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at about $610,000. Raleigh Capital Management Inc. grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3.0% in the third quarter. Raleigh Capital Management Inc. now owns 123,277 shares of the company’s stock worth $6,190,000 after acquiring an additional 3,627 shares during the period. Partners Wealth Management LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter worth approximately $1,149,000. Founders Financial Securities LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter valued at approximately $6,271,000. Finally, Blueprint Investment Partners LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 21.0% during the third quarter. Blueprint Investment Partners LLC now owns 1,083,038 shares of the company’s stock valued at $54,379,000 after purchasing an additional 187,942 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Down 1.4%

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $49.35 on Friday. The company has a market cap of $40.88 billion, a price-to-earnings ratio of 16.12 and a beta of 0.85. The company’s 50 day moving average is $50.64 and its 200 day moving average is $49.34. SPDR Portfolio Developed World ex-US ETF has a twelve month low of $41.99 and a twelve month high of $52.43.

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.