Penobscot Wealth Management Increases Stock Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Penobscot Wealth Management increased its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 95.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 44,616 shares of the company’s stock after purchasing an additional 21,748 shares during the quarter. SPDR Portfolio Developed World ex-US ETF makes up about 0.6% of Penobscot Wealth Management’s holdings, making the stock its 28th biggest position. Penobscot Wealth Management’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,008,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPDW. Auto Owners Insurance Co boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 5,626.0% in the 4th quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock worth $38,730,349,000 after buying an additional 856,878,081 shares during the last quarter. Creative Planning lifted its holdings 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 acquiring an additional 13,128,208 shares during the period. Valpey Financial Services LLC boosted its position in SPDR Portfolio Developed World ex-US ETF by 4,353.3% in the fourth quarter. Valpey Financial Services LLC now owns 5,507,040 shares of the company’s stock worth $244,568,000 after purchasing an additional 5,383,378 shares during the last quarter. LPL Financial LLC boosted its position in 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 worth $1,658,441,000 after purchasing an additional 3,292,815 shares during the last quarter. Finally, State Street Corp increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 43.4% during the 4th quarter. State Street Corp now owns 8,457,483 shares of the company’s stock valued at $375,597,000 after purchasing an additional 2,559,918 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

NYSEARCA SPDW opened at $50.25 on Friday. The business’s fifty day moving average is $50.01 and its 200-day moving average is $47.72. The stock has a market capitalization of $40.11 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a one year low of $39.54 and a one year high of $52.16.

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.