SPDR Portfolio Developed World ex-US ETF $SPDW Shares Purchased by Confluence Investment Management LLC

Confluence Investment Management LLC boosted its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 11.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,637,282 shares of the company’s stock after acquiring an additional 162,932 shares during the period. Confluence Investment Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $72,712,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Creative Planning grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% during the 3rd quarter. Creative Planning now owns 112,764,556 shares of the company’s stock valued at $4,825,195,000 after buying an additional 13,128,208 shares during the period. Vantagepoint Investment Advisers LLC purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 3rd quarter worth $279,072,000. Benjamin Edwards Inc. acquired a new position in SPDR Portfolio Developed World ex-US ETF in the second quarter valued at $124,021,000. Alliancebernstein L.P. acquired a new position in SPDR Portfolio Developed World ex-US ETF in the third quarter valued at $80,086,000. Finally, Betterment LLC grew its position in SPDR Portfolio Developed World ex-US ETF by 24.8% during the second quarter. Betterment LLC now owns 7,726,859 shares of the company’s stock valued at $312,861,000 after acquiring an additional 1,535,351 shares during the period.

SPDR Portfolio Developed World ex-US ETF Trading Down 0.2%

SPDW stock opened at $45.65 on Friday. The company has a market cap of $34.89 billion, a PE ratio of 16.12 and a beta of 0.88. The stock has a 50-day moving average price of $47.43 and a two-hundred day moving average price of $44.86. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $32.30 and a 12-month high of $50.09.

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. 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.