SPDR Portfolio Developed World ex-US ETF $SPDW Shares Sold by KWB Wealth

KWB Wealth cut its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 6.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 899,712 shares of the company’s stock after selling 58,254 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises approximately 3.8% of KWB Wealth’s holdings, making the stock its 5th largest position. KWB Wealth owned approximately 0.12% of SPDR Portfolio Developed World ex-US ETF worth $39,956,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% during 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 period. Vantagepoint Investment Advisers LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter worth $279,072,000. Benjamin Edwards Inc. acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the second quarter worth $124,021,000. Alliancebernstein L.P. purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter worth $80,086,000. Finally, Betterment LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 24.8% during the second quarter. Betterment LLC now owns 7,726,859 shares of the company’s stock worth $312,861,000 after acquiring an additional 1,535,351 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Up 2.6%

SPDW opened at $45.40 on Tuesday. The stock has a fifty day moving average price of $47.38 and a 200 day moving average price of $44.95. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $32.30 and a 1 year high of $50.09. The stock has a market cap of $34.70 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88.

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.