Belleair Asset Management LLC Acquires New Stake in SPDR Portfolio Developed World ex-US ETF $SPDW

Belleair Asset Management LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the 4th quarter, HoldingsChannel reports. The firm bought 13,291 shares of the company’s stock, valued at approximately $590,000.

Other institutional investors have also recently made changes to their positions in the company. Rossby Financial LCC lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 166.0% during the third quarter. Rossby Financial LCC now owns 572 shares of the company’s stock worth $25,000 after acquiring an additional 357 shares in the last quarter. GGM Financials LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter worth $26,000. Financial Consulate Inc. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter worth $27,000. Albion Financial Group UT purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth $29,000. Finally, Longview Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter worth $36,000.

SPDR Portfolio Developed World ex-US ETF Price Performance

NYSEARCA:SPDW opened at $48.97 on Friday. The company has a market cap of $39.09 billion, a P/E ratio of 16.12 and a beta of 0.84. The stock’s fifty day moving average price is $47.34 and its two-hundred day moving average price is $45.82. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $37.68 and a 1 year high of $50.09.

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.