JDM Financial Group LLC Buys 107,719 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

JDM Financial Group LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 19.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 654,429 shares of the company’s stock after purchasing an additional 107,719 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises 5.6% of JDM Financial Group LLC’s holdings, making the stock its 2nd biggest position. JDM Financial Group LLC owned approximately 0.09% of SPDR Portfolio Developed World ex-US ETF worth $29,063,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of SPDW. Creative Planning increased its stake in 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 purchasing an additional 13,128,208 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $279,072,000. Alliancebernstein L.P. acquired a new position in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $80,086,000. Truist Financial Corp increased its stake in SPDR Portfolio Developed World ex-US ETF by 180.1% during the 4th quarter. Truist Financial Corp now owns 1,926,884 shares of the company’s stock valued at $85,573,000 after purchasing an additional 1,239,029 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in SPDR Portfolio Developed World ex-US ETF by 26.9% during the 2nd quarter. Bank of America Corp DE now owns 5,612,518 shares of the company’s stock valued at $227,251,000 after purchasing an additional 1,188,841 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Trading Down 1.0%

Shares of SPDR Portfolio Developed World ex-US ETF stock opened at $48.38 on Tuesday. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $38.23 and a 12-month high of $50.09. The firm has a market capitalization of $38.62 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The firm’s 50 day simple moving average is $47.34 and its two-hundred day simple moving average is $45.86.

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.