SPDR Portfolio Developed World ex-US ETF $SPDW Shares Bought by NovaPoint Capital LLC

NovaPoint Capital LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 15.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 268,597 shares of the company’s stock after purchasing an additional 36,029 shares during the quarter. SPDR Portfolio Developed World ex-US ETF makes up approximately 3.1% of NovaPoint Capital LLC’s investment portfolio, making the stock its 5th largest holding. NovaPoint Capital LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $12,261,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Albion Financial Group UT bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter worth $29,000. Ascentis Independent Advisors acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth about $36,000. Godsey & Gibb Inc. acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth about $44,000. Hazlett Burt & Watson Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth about $46,000. Finally, Tucker Asset Management LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth about $47,000.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA:SPDW opened at $49.63 on Friday. The company has a market capitalization of $39.85 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The business’s 50-day moving average is $50.36 and its 200-day moving average is $48.31. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $39.54 and a 1 year 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.