N.E.W. Advisory Services LLC Purchases 109,024 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

N.E.W. Advisory Services LLC increased its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 21.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 606,636 shares of the company’s stock after buying an additional 109,024 shares during the quarter. SPDR Portfolio Developed World ex-US ETF makes up about 2.0% of N.E.W. Advisory Services LLC’s investment portfolio, making the stock its 13th largest position. N.E.W. Advisory Services LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $26,941,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPDW. Rossby Financial LCC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 166.0% in the 3rd quarter. Rossby Financial LCC now owns 572 shares of the company’s stock worth $25,000 after buying an additional 357 shares during the period. GGM Financials LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth $26,000. Financial Consulate Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth $27,000. Albion Financial Group UT bought a new position in SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth $29,000. Finally, Longview Financial Advisors LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth $36,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $48.22 on Friday. The company has a fifty day moving average of $47.39 and a 200 day moving average of $45.64. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $37.04 and a fifty-two week high of $50.09. The company has a market capitalization of $38.49 billion, a P/E ratio of 16.12 and a beta of 0.84.

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.