Reston Wealth Management LLC lowered its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report) by 11.7% during the third quarter, Holdings Channel reports. The fund owned 292,958 shares of the company’s stock after selling 38,876 shares during the quarter. SPDR Portfolio Developed World ex-US ETF makes up 4.0% of Reston Wealth Management LLC’s holdings, making the stock its 7th largest holding. Reston Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $14,709,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vantagepoint Investment Advisers LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at $308,551,000. Advocacy Wealth Management LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 9.2% during the 2nd quarter. Advocacy Wealth Management LLC now owns 2,268,369 shares of the company’s stock valued at $114,303,000 after buying an additional 191,999 shares during the last quarter. Gradient Investments LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $108,388,000. AlphaStar Capital Management LLC lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 7.8% in the 3rd quarter. AlphaStar Capital Management LLC now owns 2,075,523 shares of the company’s stock valued at $104,212,000 after buying an additional 150,239 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 5.0% in the 1st quarter. Cetera Investment Advisers now owns 2,259,941 shares of the company’s stock valued at $103,166,000 after buying an additional 108,548 shares during the period.
SPDR Portfolio Developed World ex-US ETF Stock Down 0.4%
Shares of SPDW opened at $49.26 on Wednesday. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $41.99 and a 52 week high of $52.43. The company has a market capitalization of $40.80 billion, a price-to-earnings ratio of 16.12 and a beta of 0.86. The stock’s 50-day moving average price is $50.54 and its 200-day moving average price is $49.38.
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. 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.
See Also
- Five stocks we like better than SPDR Portfolio Developed World ex-US ETF
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Want to see what other hedge funds are holding SPDW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report).
Receive News & Ratings for SPDR Portfolio Developed World ex-US ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Developed World ex-US ETF and related companies with MarketBeat.com's FREE daily email newsletter.
