Gibbs Wealth Management Acquires 399,621 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

Gibbs Wealth Management boosted its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 126.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 715,139 shares of the company’s stock after buying an additional 399,621 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up about 4.3% of Gibbs Wealth Management’s investment portfolio, making the stock its 2nd largest position. Gibbs Wealth Management owned about 0.09% of SPDR Portfolio Developed World ex-US ETF worth $32,646,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Albion Financial Group UT bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth $29,000. Ascentis Independent Advisors bought a new stake in SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at $36,000. Johnson Financial Group Inc. acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the 1st quarter worth $37,000. Godsey & Gibb Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth about $44,000. Finally, Hazlett Burt & Watson Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter worth about $46,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW opened at $49.45 on Friday. The company has a 50-day simple moving average of $50.30 and a 200-day simple moving average of $48.48. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $39.54 and a 52 week high of $52.16. The firm has a market capitalization of $39.70 billion, a P/E ratio of 16.12 and a beta of 0.83.

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.