Gradient Investments LLC Purchases 7,173 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

Gradient Investments LLC grew its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,112,631 shares of the company’s stock after buying an additional 7,173 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up 1.6% of Gradient Investments LLC’s holdings, making the stock its 12th biggest position. Gradient Investments LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $85,540,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SPDW. Commonwealth Equity Services LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 395.9% in the first quarter. Commonwealth Equity Services LLC now owns 6,428,708 shares of the company’s stock worth $234,069,000 after purchasing an additional 5,132,319 shares during the period. LPL Financial LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 9.6% in the first quarter. LPL Financial LLC now owns 30,733,565 shares of the company’s stock worth $1,119,009,000 after purchasing an additional 2,701,493 shares during the period. Confluence Investment Management LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the second quarter worth $51,697,000. Jane Street Group LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter worth $42,693,000. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 47.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,284,240 shares of the company’s stock worth $119,579,000 after purchasing an additional 1,055,397 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA SPDW opened at $42.54 on Monday. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $32.30 and a 52 week high of $42.73. The stock has a market capitalization of $28.55 billion, a P/E ratio of 16.12 and a beta of 0.89. The stock’s fifty day moving average is $41.20 and its 200 day moving average is $39.15.

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.