SPDR Portfolio Developed World ex-US ETF $SPDW is Hobbs Group Advisors LLC’s 2nd Largest Position

Hobbs Group Advisors LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 3.1% during the 1st quarter, Holdings Channel reports. The fund owned 574,518 shares of the company’s stock after purchasing an additional 17,417 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up about 7.8% of Hobbs Group Advisors LLC’s holdings, making the stock its 2nd largest holding. Hobbs Group Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $26,227,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Western Wealth Management LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 47.4% during the 1st quarter. Western Wealth Management LLC now owns 295,301 shares of the company’s stock valued at $13,480,000 after purchasing an additional 94,945 shares in the last quarter. Orographic Financial Advisors LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF during the first quarter worth approximately $440,000. Arkadios Wealth Advisors boosted its position in SPDR Portfolio Developed World ex-US ETF by 197.5% during the first quarter. Arkadios Wealth Advisors now owns 50,430 shares of the company’s stock worth $2,302,000 after purchasing an additional 33,477 shares in the last quarter. Gould Capital LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the first quarter valued at approximately $124,000. Finally, Empowered Funds LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 55.4% in the first quarter. Empowered Funds LLC now owns 382,988 shares of the company’s stock valued at $17,483,000 after purchasing an additional 136,571 shares during the period.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDR Portfolio Developed World ex-US ETF stock opened at $50.42 on Friday. The stock has a market capitalization of $40.61 billion, a PE ratio of 16.12 and a beta of 0.83. The business has a 50 day simple moving average of $50.29 and a 200-day simple moving average of $48.62. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $39.54 and a 12 month high of $52.16.

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.