Hobbs Group Advisors LLC Grows Stake in SPDR Portfolio Developed World ex-US ETF $SPDW

Hobbs Group Advisors LLC boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 32.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 561,983 shares of the company’s stock after purchasing an additional 137,241 shares during the period. SPDR Portfolio Developed World ex-US ETF accounts for about 7.5% of Hobbs Group Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Hobbs Group Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $24,047,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Creative Planning increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 15.0% during the 2nd quarter. Creative Planning now owns 99,636,348 shares of the company’s stock worth $4,034,276,000 after purchasing an additional 13,016,546 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at $279,072,000. Benjamin Edwards Inc. acquired a new position in SPDR Portfolio Developed World ex-US ETF during the second quarter worth $124,021,000. Betterment LLC increased its holdings in 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 buying an additional 1,535,351 shares during the last quarter. Finally, Bank of America Corp DE raised its position in SPDR Portfolio Developed World ex-US ETF by 26.9% during the second quarter. Bank of America Corp DE now owns 5,612,518 shares of the company’s stock worth $227,251,000 after acquiring an additional 1,188,841 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDW stock opened at $46.84 on Thursday. The stock has a market cap of $35.80 billion, a P/E ratio of 16.12 and a beta of 0.88. The company has a fifty day moving average price of $47.34 and a two-hundred day moving average price of $44.71. SPDR Portfolio Developed World ex-US ETF has a one year low of $32.30 and a one year high of $50.09.

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.