Modern Wealth Management LLC Acquires 46,009 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

Modern Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 76.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,089 shares of the company’s stock after buying an additional 46,009 shares during the quarter. Modern Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $4,924,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Auto Owners Insurance Co raised its holdings in SPDR Portfolio Developed World ex-US ETF by 5,626.0% during 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 acquiring an additional 856,878,081 shares during the period. Creative Planning boosted its holdings 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. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 9.7% in the fourth quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock worth $1,658,441,000 after acquiring an additional 3,292,815 shares during the period. Allworth Financial LP grew its position in shares of 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 purchasing an additional 90,865 shares in the last quarter. Finally, CWM LLC grew its position 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 valued at $689,268,000 after purchasing an additional 886,729 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA:SPDW opened at $49.39 on Friday. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $39.54 and a 52-week high of $52.16. The firm has a market cap of $39.66 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The business’s fifty day moving average is $50.30 and its 200 day moving average is $48.49.

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.