Tennessee Valley Asset Management Partners raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW – Free Report) by 20.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 581,429 shares of the company’s stock after buying an additional 99,939 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises 3.2% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 7th largest holding. Tennessee Valley Asset Management Partners owned 0.07% of SPDR Portfolio Developed World ex-US ETF worth $29,194,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. American Institute for Advanced Investment Management LLP increased its position in SPDR Portfolio Developed World ex-US ETF by 2.4% in the third quarter. American Institute for Advanced Investment Management LLP now owns 26,495 shares of the company’s stock worth $1,330,000 after buying an additional 618 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 14.6% in the third quarter. Parallel Advisors LLC now owns 149,670 shares of the company’s stock worth $7,515,000 after buying an additional 19,078 shares during the period. United Advisor Group LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 14.4% in the third quarter. United Advisor Group LLC now owns 10,707 shares of the company’s stock worth $538,000 after buying an additional 1,351 shares during the period. Palatine Hill Wealth Management LLC lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 12.8% during the 3rd quarter. Palatine Hill Wealth Management LLC now owns 354,051 shares of the company’s stock valued at $17,777,000 after buying an additional 40,075 shares in the last quarter. Finally, Canvas Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at about $234,000.
SPDR Portfolio Developed World ex-US ETF Price Performance
Shares of NYSEARCA:SPDW traded down $0.23 during mid-day trading on Friday, reaching $48.23. 14,017,077 shares of the company traded hands, compared to its average volume of 3,974,560. The company’s 50 day moving average price is $50.35 and its 200-day moving average price is $49.42. The firm has a market cap of $39.95 billion, a PE ratio of 16.12 and a beta of 0.86. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $41.99 and a 52 week high of $52.43.
SPDR Portfolio Developed World ex-US ETF 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.
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