Summit Global Investments Makes New $19.19 Million Investment in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Summit Global Investments acquired a new stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 527,036 shares of the company’s stock, valued at approximately $19,189,000. SPDR Portfolio Developed World ex-US ETF accounts for approximately 1.4% of Summit Global Investments’ investment portfolio, making the stock its 7th largest position.

Other institutional investors have also recently modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 11.4% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 12,261 shares of the company’s stock valued at $418,000 after acquiring an additional 1,257 shares during the period. Blue Trust Inc. lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 3,203.7% in the 4th quarter. Blue Trust Inc. now owns 8,887 shares of the company’s stock valued at $334,000 after purchasing an additional 8,618 shares during the period. Perigon Wealth Management LLC lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 14.1% in the 4th quarter. Perigon Wealth Management LLC now owns 14,527 shares of the company’s stock valued at $501,000 after purchasing an additional 1,793 shares during the period. Gateway Wealth Partners LLC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 11.9% during the fourth quarter. Gateway Wealth Partners LLC now owns 15,523 shares of the company’s stock worth $530,000 after buying an additional 1,649 shares in the last quarter. Finally, Asset Dedication LLC grew its position in SPDR Portfolio Developed World ex-US ETF by 2,857.1% during the fourth quarter. Asset Dedication LLC now owns 2,070 shares of the company’s stock valued at $71,000 after buying an additional 2,000 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $39.78 on Friday. The firm has a 50-day simple moving average of $37.24 and a two-hundred day simple moving average of $36.23. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $32.30 and a fifty-two week high of $40.04. The company has a market cap of $26.62 billion, a P/E ratio of 15.24 and a beta of 0.87.

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.