Envestnet Portfolio Solutions Inc. Acquires 404,412 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

Envestnet Portfolio Solutions Inc. raised its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 23.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,141,699 shares of the company’s stock after buying an additional 404,412 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $91,643,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Sound Income Strategies LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 1,427.5% in the 2nd quarter. Sound Income Strategies LLC now owns 611 shares of the company’s stock valued at $25,000 after acquiring an additional 571 shares during the period. Financial Consulate Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter worth $27,000. Crewe Advisors LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 78.2% in the second quarter. Crewe Advisors LLC now owns 734 shares of the company’s stock valued at $30,000 after purchasing an additional 322 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 331.3% in the second quarter. Blue Trust Inc. now owns 841 shares of the company’s stock valued at $34,000 after purchasing an additional 646 shares during the last quarter. Finally, Stone House Investment Management LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at about $40,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW stock opened at $46.41 on Friday. The company has a market capitalization of $35.17 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88. The company has a 50-day simple moving average of $44.55 and a 200 day simple moving average of $42.98. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $32.30 and a 52 week high of $46.51.

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.