Summit Financial Strategies Inc. Acquires Shares of 16,107 SPDR Portfolio Developed World ex-US ETF $SPDW

Summit Financial Strategies Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 16,107 shares of the company’s stock, valued at approximately $735,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Auto Owners Insurance Co raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 5,626.0% during the fourth quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock worth $38,730,349,000 after purchasing an additional 856,878,081 shares during the last quarter. Creative Planning grew its position in SPDR Portfolio Developed World ex-US ETF by 13.2% in the 3rd quarter. Creative Planning now owns 112,764,556 shares of the company’s stock valued at $4,825,195,000 after buying an additional 13,128,208 shares during the last quarter. LPL Financial LLC grew its position in SPDR Portfolio Developed World ex-US ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock valued at $1,658,441,000 after buying an additional 3,292,815 shares during the last quarter. Allworth Financial LP increased its stake in SPDR Portfolio Developed World ex-US ETF by 0.3% in the 4th quarter. Allworth Financial LP now owns 29,790,838 shares of the company’s stock valued at $1,323,011,000 after buying an additional 90,865 shares during the period. Finally, CWM LLC increased its stake in SPDR Portfolio Developed World ex-US ETF by 6.1% in the 4th quarter. CWM LLC now owns 15,520,557 shares of the company’s stock valued at $689,268,000 after buying an additional 886,729 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Performance

SPDR Portfolio Developed World ex-US ETF stock traded up $0.20 during trading hours on Friday, reaching $50.29. 3,430,935 shares of the stock were exchanged, compared to its average volume of 4,654,726. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $39.54 and a 52-week high of $52.16. The stock has a market cap of $40.38 billion, a P/E ratio of 16.12 and a beta of 0.83. The firm’s 50 day moving average is $50.34 and its 200 day moving average is $48.13.

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. 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.