SPDR Portfolio Developed World ex-US ETF $SPDW Stake Decreased by Confluence Investment Management LLC

Confluence Investment Management LLC lessened its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 4.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,419,786 shares of the company’s stock after selling 62,987 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises about 1.1% of Confluence Investment Management LLC’s holdings, making the stock its 29th biggest position. Confluence Investment Management LLC owned about 0.17% of SPDR Portfolio Developed World ex-US ETF worth $71,287,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Auto Owners Insurance Co increased its stake in shares of 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 worth $38,730,349,000 after purchasing an additional 856,878,081 shares during the last quarter. LPL Financial LLC increased its position in 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 buying an additional 3,292,815 shares during the last quarter. Center for Financial Planning Inc. lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 1,299,466.1% during the 1st quarter. Center for Financial Planning Inc. now owns 1,611,462 shares of the company’s stock valued at $73,563,000 after buying an additional 1,611,338 shares during the last quarter. Vicus Capital grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 60.3% during the 1st quarter. Vicus Capital now owns 2,876,162 shares of the company’s stock worth $131,297,000 after acquiring an additional 1,082,267 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in SPDR Portfolio Developed World ex-US ETF by 146.1% in the 4th quarter. Corient Private Wealth LLC now owns 1,621,611 shares of the company’s stock worth $72,016,000 after acquiring an additional 962,565 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA SPDW traded down $0.49 during trading on Thursday, hitting $49.72. 1,400,795 shares of the company’s stock traded hands, compared to its average volume of 4,001,206. The stock has a market capitalization of $40.57 billion, a price-to-earnings ratio of 16.12 and a beta of 0.84. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $41.99 and a 12-month high of $52.43. The business has a 50 day moving average of $51.18 and a 200-day moving average of $49.79.

About SPDR Portfolio Developed World ex-US ETF

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.