Auto Owners Insurance Co Raises Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Auto Owners Insurance Co raised its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 5,626.0% during the fourth quarter, HoldingsChannel reports. The firm owned 872,108,747 shares of the company’s stock after buying an additional 856,878,081 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises 9.3% of Auto Owners Insurance Co’s holdings, making the stock its 3rd largest position. Auto Owners Insurance Co owned about 1.14% of SPDR Portfolio Developed World ex-US ETF worth $38,730,349,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Rossby Financial LCC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 166.0% during the 3rd quarter. Rossby Financial LCC now owns 572 shares of the company’s stock valued at $25,000 after purchasing an additional 357 shares during the last quarter. GGM Financials LLC bought a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at $26,000. Albion Financial Group UT bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at $29,000. Longview Financial Advisors LLC purchased a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at $36,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter worth about $46,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA:SPDW opened at $51.83 on Friday. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $38.76 and a 12 month high of $52.16. The company has a market capitalization of $41.38 billion, a price-to-earnings ratio of 16.12 and a beta of 0.83. The firm’s 50-day moving average is $49.87 and its 200 day moving average is $47.52.

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.