NovaPoint Capital LLC Buys 36,029 Shares of SPDR Portfolio Developed World ex-US ETF $SPDW

NovaPoint Capital LLC increased its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 15.5% during the 1st quarter, Holdings Channel reports. The fund owned 268,597 shares of the company’s stock after acquiring an additional 36,029 shares during the period. SPDR Portfolio Developed World ex-US ETF comprises approximately 3.1% of NovaPoint Capital LLC’s investment portfolio, making the stock its 5th largest position. NovaPoint Capital LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $12,261,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Albion Financial Group UT bought a new stake in SPDR Portfolio Developed World ex-US ETF in the fourth quarter valued at $29,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter valued at about $36,000. Godsey & Gibb Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth about $44,000. Hazlett Burt & Watson Inc. bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 4th quarter worth about $46,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at about $47,000.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDW opened at $49.63 on Friday. SPDR Portfolio Developed World ex-US ETF has a one year low of $39.54 and a one year high of $52.16. The company has a market cap of $39.85 billion, a PE ratio of 16.12 and a beta of 0.83. The stock has a 50-day moving average of $50.36 and a 200-day moving average of $48.31.

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.