Assetmark Inc. Trims Stake in SPDR Portfolio Developed World ex-US ETF $SPDW

Assetmark Inc. reduced its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 8.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,048,361 shares of the company’s stock after selling 180,252 shares during the period. Assetmark Inc. owned 0.26% of SPDR Portfolio Developed World ex-US ETF worth $93,508,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. AQR Capital Management LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 13.1% during the 1st quarter. AQR Capital Management LLC now owns 39,917 shares of the company’s stock valued at $1,453,000 after buying an additional 4,638 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in SPDR Portfolio Developed World ex-US ETF by 85.4% during the first quarter. Goldman Sachs Group Inc. now owns 450,862 shares of the company’s stock worth $16,416,000 after acquiring an additional 207,712 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in SPDR Portfolio Developed World ex-US ETF by 5,537.3% in 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 purchased a new stake in SPDR Portfolio Developed World ex-US ETF in the second 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 second quarter. Main Street Financial Solutions LLC now owns 10,769 shares of the company’s stock valued at $436,000 after purchasing an additional 5,255 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

SPDW stock opened at $49.63 on Friday. The firm has a 50 day moving average price of $50.36 and a 200-day moving average price of $48.31. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $39.54 and a 52-week high of $52.16. The firm has a market capitalization of $39.85 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83.

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.