Modern Wealth Management LLC Boosts Stock Position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Modern Wealth Management LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 99.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,987 shares of the company’s stock after purchasing an additional 19,476 shares during the period. Modern Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $1,406,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allworth Financial LP grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 6.2% in the fourth quarter. Allworth Financial LP now owns 31,712,123 shares of the company’s stock worth $1,117,852,000 after purchasing an additional 1,848,371 shares during the last quarter. LPL Financial LLC boosted its position in SPDR Portfolio Developed World ex-US ETF by 2.8% in the 4th quarter. LPL Financial LLC now owns 28,032,072 shares of the company’s stock valued at $956,735,000 after buying an additional 771,500 shares during the period. Townsquare Capital LLC grew its stake in SPDR Portfolio Developed World ex-US ETF by 9.2% in the 3rd quarter. Townsquare Capital LLC now owns 5,259,797 shares of the company’s stock worth $197,558,000 after acquiring an additional 441,484 shares in the last quarter. Advisory Alpha LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.8% during the fourth quarter. Advisory Alpha LLC now owns 4,405,127 shares of the company’s stock worth $150,349,000 after acquiring an additional 36,229 shares during the period. Finally, Gradient Investments LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 10.8% during the fourth quarter. Gradient Investments LLC now owns 3,628,564 shares of the company’s stock valued at $123,843,000 after acquiring an additional 355,068 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA SPDW opened at $37.57 on Wednesday. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $33.11 and a 52-week high of $38.00. The firm has a market capitalization of $24.21 billion, a price-to-earnings ratio of 15.92 and a beta of 0.90. The stock has a 50 day moving average price of $36.37 and a 200 day moving average price of $36.01.

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.