Tennessee Valley Asset Management Partners Has $17.10 Million Stock Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Tennessee Valley Asset Management Partners trimmed its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 399,595 shares of the company’s stock after selling 29,485 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises about 2.3% of Tennessee Valley Asset Management Partners’ holdings, making the stock its 10th biggest holding. Tennessee Valley Asset Management Partners owned 0.05% of SPDR Portfolio Developed World ex-US ETF worth $17,099,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPDW. Rossby Financial LCC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 166.0% in the third quarter. Rossby Financial LCC now owns 572 shares of the company’s stock worth $25,000 after purchasing an additional 357 shares during the last quarter. GGM Financials LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at about $26,000. Financial Consulate Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter worth about $27,000. Longview Financial Advisors LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $36,000. Finally, Stone House Investment Management LLC purchased a new stake in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth approximately $40,000.

SPDR Portfolio Developed World ex-US ETF Stock Down 0.2%

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $46.84 on Thursday. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $32.30 and a 52 week high of $50.09. The stock’s 50-day simple moving average is $47.34 and its 200-day simple moving average is $44.71. The company has a market capitalization of $35.80 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88.

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.