Downshift Financial LLC Purchases Shares of 73,221 SPDR Portfolio Developed World ex-US ETF $SPDW

Downshift Financial LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the fourth quarter, HoldingsChannel reports. The fund acquired 73,221 shares of the company’s stock, valued at approximately $3,428,000. SPDR Portfolio Developed World ex-US ETF comprises 2.1% of Downshift Financial LLC’s holdings, making the stock its 13th largest position.

Several other institutional investors also recently modified their holdings of SPDW. Auto Owners Insurance Co lifted its stake in SPDR Portfolio Developed World ex-US ETF by 5,626.0% in the 4th quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock valued at $38,730,349,000 after purchasing an additional 856,878,081 shares during the last quarter. Creative Planning increased its position in SPDR Portfolio Developed World ex-US ETF by 13.2% during the third quarter. Creative Planning now owns 112,764,556 shares of the company’s stock worth $4,825,195,000 after buying an additional 13,128,208 shares during the last quarter. LPL Financial LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 9.7% during the fourth quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock worth $1,658,441,000 after buying an additional 3,292,815 shares during the last quarter. Allworth Financial LP raised its stake in SPDR Portfolio Developed World ex-US ETF by 0.3% in the fourth quarter. Allworth Financial LP now owns 29,790,838 shares of the company’s stock valued at $1,323,011,000 after buying an additional 90,865 shares during the period. Finally, CWM LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 6.1% in the fourth quarter. CWM LLC now owns 15,520,557 shares of the company’s stock valued at $689,268,000 after buying an additional 886,729 shares during the period.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDW opened at $51.83 on Friday. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $38.76 and a 12-month high of $52.16. The business has a 50 day moving average of $49.87 and a 200-day moving average of $47.52. The stock has a market cap of $41.38 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83.

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.