SMART Wealth LLC Takes $6.32 Million Position in SPDR Portfolio Developed World ex-US ETF $SPDW

SMART Wealth LLC bought a new stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 125,434 shares of the company’s stock, valued at approximately $6,321,000. SPDR Portfolio Developed World ex-US ETF accounts for about 1.4% of SMART Wealth LLC’s portfolio, making the stock its 13th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPDW. Sanchez Wealth Management Group increased its holdings in SPDR Portfolio Developed World ex-US ETF by 55.7% in the 4th quarter. Sanchez Wealth Management Group now owns 302,504 shares of the company’s stock worth $13,434,000 after buying an additional 108,256 shares during the period. Amicus Financial Advisors LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at approximately $10,633,000. McClarren Financial Advisors Inc. lifted its stake in SPDR Portfolio Developed World ex-US ETF by 517.3% during the 1st quarter. McClarren Financial Advisors Inc. now owns 18,283 shares of the company’s stock valued at $835,000 after acquiring an additional 15,321 shares during the period. Focus Partners Advisor Solutions LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 30.2% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 275,440 shares of the company’s stock valued at $12,232,000 after acquiring an additional 63,885 shares during the last quarter. Finally, Benchmark Financial LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 15.9% in the 1st quarter. Benchmark Financial LLC now owns 148,467 shares of the company’s stock valued at $6,778,000 after acquiring an additional 20,314 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

NYSEARCA:SPDW opened at $52.10 on Friday. The firm has a market capitalization of $41.97 billion, a P/E ratio of 16.12 and a beta of 0.84. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $41.48 and a 1-year high of $52.43. The company’s fifty day moving average price is $50.72 and its 200-day moving average price is $49.40.

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.