Hobbs Group Advisors LLC Boosts Stake in SPDR Portfolio Developed World ex-US ETF $SPDW

Hobbs Group Advisors LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 42.4% during the second quarter, Holdings Channel.com reports. The fund owned 424,742 shares of the company’s stock after buying an additional 126,466 shares during the period. SPDR Portfolio Developed World ex-US ETF accounts for approximately 5.9% of Hobbs Group Advisors LLC’s portfolio, making the stock its 3rd largest position. Hobbs Group Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $17,198,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SPDW. Sound Income Strategies LLC raised its holdings in SPDR Portfolio Developed World ex-US ETF by 1,427.5% during the second quarter. Sound Income Strategies LLC now owns 611 shares of the company’s stock valued at $25,000 after acquiring an additional 571 shares during the period. Woodside Wealth Management LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF during the first quarter valued at about $26,000. Hager Investment Management Services LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter worth about $27,000. Compass Financial Services Inc bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter worth about $28,000. Finally, Blue Trust Inc. increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 331.3% in the second quarter. Blue Trust Inc. now owns 841 shares of the company’s stock worth $34,000 after purchasing an additional 646 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Down 2.0%

Shares of SPDW stock opened at $42.26 on Friday. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $32.30 and a 12-month high of $43.78. The stock’s 50-day moving average price is $42.16 and its 200-day moving average price is $39.94. The stock has a market capitalization of $29.95 billion, a price-to-earnings ratio of 16.12 and a beta of 0.89.

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.