SPDR Portfolio Developed World ex-US ETF $SPDW Shares Newly Purchased by Gradient Investments LLC

Gradient Investments LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,158,701 shares of the company’s stock, valued at approximately $108,388,000. SPDR Portfolio Developed World ex-US ETF comprises approximately 1.5% of Gradient Investments LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Horizons Wealth Management acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the third quarter worth approximately $25,000. TD Waterhouse Canada Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 2nd quarter worth $27,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth $36,000. Johnson Financial Group Inc. acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter worth $37,000. Finally, Godsey & Gibb Inc. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter valued at $44,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

SPDR Portfolio Developed World ex-US ETF stock traded down $0.45 during trading on Thursday, hitting $49.50. The company’s stock had a trading volume of 5,052,647 shares, compared to its average volume of 3,984,284. The stock has a market capitalization of $40.39 billion, a price-to-earnings ratio of 16.12 and a beta of 0.85. The stock’s fifty day moving average is $51.28 and its 200 day moving average is $49.95. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $41.99 and a 1-year high of $52.43.

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.