Arax Advisory Partners Makes New Investment in SPDR Portfolio Developed World ex-US ETF $SPDW

Arax Advisory Partners purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDWFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 588,550 shares of the company’s stock, valued at approximately $26,137,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Creative Planning lifted its stake in SPDR Portfolio Developed World ex-US ETF by 13.2% during the third quarter. Creative Planning now owns 112,764,556 shares of the company’s stock worth $4,825,195,000 after purchasing an additional 13,128,208 shares during the period. LPL Financial LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 9.7% in the fourth quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock valued at $1,658,441,000 after acquiring an additional 3,292,815 shares during the last quarter. Allworth Financial LP raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.3% in the fourth quarter. Allworth Financial LP now owns 29,790,838 shares of the company’s stock valued at $1,323,011,000 after acquiring an additional 90,865 shares during the last quarter. CWM LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 6.1% in the fourth quarter. CWM LLC now owns 15,520,557 shares of the company’s stock valued at $689,268,000 after acquiring an additional 886,729 shares during the last quarter. Finally, TIAA Trust National Association raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.4% in the third quarter. TIAA Trust National Association now owns 13,631,083 shares of the company’s stock valued at $583,274,000 after acquiring an additional 50,916 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.3%

NYSEARCA:SPDW opened at $51.01 on Friday. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $38.76 and a 1 year high of $51.53. The firm has a 50 day moving average of $49.37 and a 200-day moving average of $47.24. The stock has a market capitalization of $40.72 billion, a P/E ratio of 16.12 and a beta of 0.83.

SPDR Portfolio Developed World ex-US ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

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