World Equity Group Inc. Increases Stock Position in SPDR Portfolio Developed World ex-US ETF $SPDW

World Equity Group Inc. raised its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 265.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,884 shares of the company’s stock after purchasing an additional 20,988 shares during the period. World Equity Group Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $1,455,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Morton Brown Family Wealth LLC lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 2.9% in the first quarter. Morton Brown Family Wealth LLC now owns 7,472 shares of the company’s stock worth $341,000 after buying an additional 212 shares in the last quarter. Vantage Point Financial LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 1.5% during the 4th quarter. Vantage Point Financial LLC now owns 14,295 shares of the company’s stock valued at $635,000 after buying an additional 213 shares in the last quarter. Webster Bank N. A. increased its stake in SPDR Portfolio Developed World ex-US ETF by 10.0% in the 1st quarter. Webster Bank N. A. now owns 2,368 shares of the company’s stock worth $108,000 after acquiring an additional 215 shares during the last quarter. Apollon Wealth Management LLC increased its stake in SPDR Portfolio Developed World ex-US ETF by 0.5% in the 1st quarter. Apollon Wealth Management LLC now owns 42,295 shares of the company’s stock worth $1,931,000 after acquiring an additional 216 shares during the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 3.1% during the 1st quarter. HB Wealth Management LLC now owns 7,450 shares of the company’s stock worth $340,000 after acquiring an additional 226 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA SPDW opened at $51.65 on Monday. The stock has a 50 day moving average price of $50.31 and a 200-day moving average price of $48.82. SPDR Portfolio Developed World ex-US ETF has a one year low of $40.99 and a one year high of $52.16. The company has a market capitalization of $41.60 billion, a P/E ratio of 16.12 and a beta of 0.84.

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.