Pineridge Advisors LLC Invests $349,000 in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Pineridge Advisors LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,248 shares of the company’s stock, valued at approximately $349,000.

A number of other hedge funds have also recently made changes to their positions in SPDW. UBS Group AG increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 108.7% in the fourth quarter. UBS Group AG now owns 7,743,804 shares of the company’s stock worth $263,367,000 after buying an additional 4,032,713 shares during the period. Truist Financial Corp increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 1,090.6% in the fourth quarter. Truist Financial Corp now owns 3,844,436 shares of the company’s stock worth $130,749,000 after buying an additional 3,521,531 shares during the period. Pathstone Holdings LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth $105,807,000. Financial Engines Advisors L.L.C. increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 5.1% in the third quarter. Financial Engines Advisors L.L.C. now owns 56,501,879 shares of the company’s stock worth $1,752,123,000 after buying an additional 2,722,638 shares during the period. Finally, Advocacy Wealth Management Services LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth $76,327,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA SPDW traded down $0.35 during mid-day trading on Friday, hitting $35.44. The stock had a trading volume of 2,850,785 shares, compared to its average volume of 3,217,786. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $29.39 and a 1 year high of $36.66. The business has a 50 day moving average price of $35.63 and a two-hundred day moving average price of $34.66. The firm has a market cap of $20.03 billion, a P/E ratio of 14.67 and a beta of 0.88.

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.