20,991 SPDR Portfolio Developed World ex-US ETF $SPDW Shares Purchased by Fortitude Financial LLC

Fortitude Financial LLC increased its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 12.4% in the third quarter, HoldingsChannel.com reports. The fund owned 190,267 shares of the company’s stock after buying an additional 20,991 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises approximately 4.5% of Fortitude Financial LLC’s investment portfolio, making the stock its 6th biggest holding. Fortitude Financial LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $9,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kagan Cocozza Asset Management boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3.1% in the third quarter. Kagan Cocozza Asset Management now owns 288,848 shares of the company’s stock worth $14,503,000 after buying an additional 8,625 shares during the last quarter. Lockerman Financial Group Inc. grew its holdings in SPDR Portfolio Developed World ex-US ETF by 7.3% during the third quarter. Lockerman Financial Group Inc. now owns 51,041 shares of the company’s stock worth $2,563,000 after acquiring an additional 3,465 shares during the period. Independent Wealth Network Inc. raised its position in SPDR Portfolio Developed World ex-US ETF by 4.1% during the third quarter. Independent Wealth Network Inc. now owns 31,522 shares of the company’s stock valued at $1,583,000 after acquiring an additional 1,239 shares in the last quarter. Smith Thornton Advisors LLC raised its position in SPDR Portfolio Developed World ex-US ETF by 4.1% during the third quarter. Smith Thornton Advisors LLC now owns 137,814 shares of the company’s stock valued at $6,920,000 after acquiring an additional 5,420 shares in the last quarter. Finally, Brown Lisle Cummings Inc. raised its position in SPDR Portfolio Developed World ex-US ETF by 4.6% during the third quarter. Brown Lisle Cummings Inc. now owns 7,901 shares of the company’s stock valued at $397,000 after acquiring an additional 345 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

NYSEARCA:SPDW traded down $0.12 during trading hours on Monday, reaching $49.26. The company had a trading volume of 2,914,990 shares, compared to its average volume of 3,961,014. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $41.99 and a 1-year high of $52.43. The firm has a market cap of $40.80 billion, a PE ratio of 16.12 and a beta of 0.85. The business’s 50 day moving average price is $51.10 and its 200-day moving average price is $50.18.

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.