SPDR Portfolio Developed World ex-US ETF $SPDW is Rinkey Investments’ 3rd Largest Position

Rinkey Investments lowered its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 694,494 shares of the company’s stock after selling 30,407 shares during the period. SPDR Portfolio Developed World ex-US ETF accounts for 7.8% of Rinkey Investments’ holdings, making the stock its 3rd biggest position. Rinkey Investments owned 0.09% of SPDR Portfolio Developed World ex-US ETF worth $30,843,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% in the third quarter. Creative Planning now owns 112,764,556 shares of the company’s stock worth $4,825,195,000 after acquiring an additional 13,128,208 shares during the period. CWM LLC increased its stake in shares of 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 worth $689,268,000 after acquiring an additional 886,729 shares during the period. TIAA Trust National Association increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.4% in the third quarter. TIAA Trust National Association now owns 13,631,083 shares of the company’s stock worth $583,274,000 after acquiring an additional 50,916 shares during the period. UBS Group AG increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 0.3% in the third quarter. UBS Group AG now owns 8,414,089 shares of the company’s stock worth $360,039,000 after acquiring an additional 22,915 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 10.9% in the third quarter. Envestnet Asset Management Inc. now owns 7,371,836 shares of the company’s stock worth $315,441,000 after acquiring an additional 724,242 shares during the period.

SPDR Portfolio Developed World ex-US ETF Price Performance

NYSEARCA:SPDW opened at $50.41 on Tuesday. The firm has a market capitalization of $40.24 billion, a P/E ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $38.34 and a 1-year high of $50.53. The company’s fifty day moving average price is $47.39 and its 200-day moving average price is $46.10.

SPDR Portfolio Developed World ex-US ETF 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.