SPDR Portfolio Developed World ex-US ETF $SPDW is CGN Advisors LLC’s 3rd Largest Position

CGN Advisors LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 5.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,226,088 shares of the company’s stock after purchasing an additional 62,666 shares during the quarter. SPDR Portfolio Developed World ex-US ETF makes up approximately 4.5% of CGN Advisors LLC’s portfolio, making the stock its 3rd largest holding. CGN Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $61,783,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Albion Financial Group UT acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter worth approximately $29,000. Ascentis Independent Advisors purchased a new position in SPDR Portfolio Developed World ex-US ETF during the first quarter worth $36,000. Johnson Financial Group Inc. purchased a new position in SPDR Portfolio Developed World ex-US ETF during the first quarter worth $37,000. Godsey & Gibb Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the first quarter worth $44,000. Finally, Hazlett Burt & Watson Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth $46,000.

SPDR Portfolio Developed World ex-US ETF Stock Up 1.6%

Shares of NYSEARCA:SPDW opened at $51.16 on Wednesday. The company has a market capitalization of $41.21 billion, a P/E ratio of 16.12 and a beta of 0.84. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $40.24 and a 52-week high of $52.16. The stock’s fifty day simple moving average is $50.29 and its 200-day simple moving average is $48.72.

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.