QP Wealth Management LLC Invests $5.85 Million in SPDR Portfolio Developed World ex-US ETF $SPDW

QP Wealth Management LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 131,805 shares of the company’s stock, valued at approximately $5,853,000. SPDR Portfolio Developed World ex-US ETF comprises approximately 5.2% of QP Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position.

Other large investors also recently made changes to their positions in the company. Rossby Financial LCC increased its stake in SPDR Portfolio Developed World ex-US ETF by 166.0% in the 3rd quarter. Rossby Financial LCC now owns 572 shares of the company’s stock valued at $25,000 after buying an additional 357 shares during the last quarter. GGM Financials LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth approximately $26,000. Financial Consulate Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at approximately $27,000. Longview Financial Advisors LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at $36,000. Finally, Stone House Investment Management LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at $40,000.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $44.23 on Friday. The firm has a market cap of $33.80 billion, a PE ratio of 16.12 and a beta of 0.88. 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 fifty day moving average price of $47.40 and a 200-day moving average price of $44.88.

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.