Verus Capital Partners LLC Invests $8.60 Million in SPDR Portfolio Developed World ex-US ETF $SPDW

Verus Capital Partners LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 193,727 shares of the company’s stock, valued at approximately $8,603,000.

A number of other hedge funds also recently modified their holdings of SPDW. Creative Planning boosted its stake in SPDR Portfolio Developed World ex-US ETF by 13.2% in the 3rd 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. Valpey Financial Services LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 4,353.3% in the 4th quarter. Valpey Financial Services LLC now owns 5,507,040 shares of the company’s stock valued at $244,568,000 after purchasing an additional 5,383,378 shares during the period. Alliancebernstein L.P. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $80,086,000. AlphaCore Capital LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 159.3% in the 4th quarter. AlphaCore Capital LLC now owns 2,585,522 shares of the company’s stock valued at $114,823,000 after purchasing an additional 1,588,557 shares during the period. Finally, Truist Financial Corp lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 180.1% in the fourth quarter. Truist Financial Corp now owns 1,926,884 shares of the company’s stock valued at $85,573,000 after purchasing an additional 1,239,029 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $51.07 on Thursday. The firm has a market cap of $40.77 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The stock’s 50-day moving average is $48.66 and its 200-day moving average is $46.91. SPDR Portfolio Developed World ex-US ETF has a one year low of $38.76 and a one year high of $51.53.

SPDR Portfolio Developed World ex-US ETF Company 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.