BIP Wealth LLC Cuts Position in SPDR Portfolio Developed World ex-US ETF $SPDW

BIP Wealth LLC decreased its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 15.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 147,908 shares of the company’s stock after selling 27,962 shares during the period. BIP Wealth LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $6,752,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the company. AQR Capital Management LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 13.1% during the first quarter. AQR Capital Management LLC now owns 39,917 shares of the company’s stock worth $1,453,000 after purchasing an additional 4,638 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in SPDR Portfolio Developed World ex-US ETF by 85.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 450,862 shares of the company’s stock valued at $16,416,000 after acquiring an additional 207,712 shares during the last quarter. Russell Investments Group Ltd. raised its stake in SPDR Portfolio Developed World ex-US ETF by 5,537.3% during the second quarter. Russell Investments Group Ltd. now owns 4,679 shares of the company’s stock worth $189,000 after purchasing an additional 4,596 shares during the period. Squarepoint Ops LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the second quarter valued at about $1,802,000. Finally, Main Street Financial Solutions LLC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 95.3% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,769 shares of the company’s stock valued at $436,000 after acquiring an additional 5,255 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW stock opened at $50.07 on Friday. The company has a market cap of $40.20 billion, a P/E ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $39.54 and a 12 month high of $52.16. The firm has a fifty day moving average price of $50.14 and a 200 day moving average price of $47.94.

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.