Fifth Third Bancorp Buys 346,195 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

Fifth Third Bancorp lifted its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 807.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 389,085 shares of the company’s stock after purchasing an additional 346,195 shares during the period. Fifth Third Bancorp’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $17,762,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. AQR Capital Management LLC raised its position in 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 acquiring an additional 4,638 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of 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 period. Russell Investments Group Ltd. grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 5,537.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,679 shares of the company’s stock valued at $189,000 after acquiring an additional 4,596 shares during the period. Squarepoint Ops LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 2nd quarter worth about $1,802,000. Finally, Main Street Financial Solutions LLC increased its stake in shares of 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 worth $436,000 after purchasing an additional 5,255 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW stock opened at $49.46 on Tuesday. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $39.54 and a 52-week high of $52.16. The stock has a market cap of $39.71 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The firm’s 50-day moving average is $50.35 and its 200-day moving average is $48.20.

SPDR Portfolio Developed World ex-US ETF Company 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.