Cornerstone Wealth Management LLC Buys 8,953 Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Cornerstone Wealth Management LLC grew its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 3.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 237,396 shares of the company’s stock after acquiring an additional 8,953 shares during the period. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $8,644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Modern Wealth Management LLC increased its stake in SPDR Portfolio Developed World ex-US ETF by 99.8% during the 4th quarter. Modern Wealth Management LLC now owns 38,987 shares of the company’s stock worth $1,406,000 after acquiring an additional 19,476 shares during the period. Steward Partners Investment Advisory LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 3.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,160 shares of the company’s stock valued at $552,000 after purchasing an additional 610 shares in the last quarter. First Trust Advisors LP acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth about $853,000. AssuredPartners Investment Advisors LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at about $277,000. Finally, Partners in Financial Planning acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at approximately $7,347,000.

SPDR Portfolio Developed World ex-US ETF Trading Down 1.3%

NYSEARCA SPDW opened at $39.95 on Wednesday. The firm’s 50 day simple moving average is $38.50 and its 200 day simple moving average is $36.69. The firm has a market capitalization of $26.74 billion, a price-to-earnings ratio of 15.24 and a beta of 0.87. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $32.30 and a 1 year high of $40.80.

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.