WealthPoint Financial LLC Makes New $1.53 Million Investment in SPDR Portfolio Developed World ex-US ETF $SPDW

WealthPoint Financial LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 34,533 shares of the company’s stock, valued at approximately $1,534,000. SPDR Portfolio Developed World ex-US ETF accounts for approximately 1.3% of WealthPoint Financial LLC’s investment portfolio, making the stock its 28th largest position.

A number of other institutional investors also recently modified their holdings of the company. ATX Financial Planning LLC bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth $222,000. Axxcess Wealth Management LLC boosted its position in SPDR Portfolio Developed World ex-US ETF by 1.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 2,054,436 shares of the company’s stock valued at $91,238,000 after acquiring an additional 35,520 shares during the last quarter. Corient Private Wealth LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 147.1% during the 4th quarter. Corient Private Wealth LLC now owns 1,628,648 shares of the company’s stock worth $67,067,000 after acquiring an additional 969,602 shares during the period. Strive Financial Group LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the 4th quarter worth about $235,000. Finally, Ameriflex Group Inc. raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 98.8% in the 4th quarter. Ameriflex Group Inc. now owns 1,459 shares of the company’s stock worth $65,000 after acquiring an additional 725 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Up 1.1%

SPDW stock opened at $51.83 on Friday. The firm has a market cap of $41.38 billion, a PE ratio of 16.12 and a beta of 0.83. The stock has a 50-day moving average price of $49.80 and a 200-day moving average price of $47.49. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $38.76 and a 1-year high of $52.16.

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.