Rinkey Investments Trims Stock Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Rinkey Investments decreased its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 639,738 shares of the company’s stock after selling 12,225 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up approximately 7.3% of Rinkey Investments’ holdings, making the stock its 3rd largest holding. Rinkey Investments’ holdings in SPDR Portfolio Developed World ex-US ETF were worth $32,236,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SPDW. Auto Owners Insurance Co boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 5,626.0% in the 4th quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock worth $38,730,349,000 after purchasing an additional 856,878,081 shares in the last quarter. Creative Planning lifted its position in SPDR Portfolio Developed World ex-US ETF by 13.2% in the 3rd quarter. Creative Planning now owns 112,764,556 shares of the company’s stock worth $4,825,195,000 after buying an additional 13,128,208 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR Portfolio Developed World ex-US ETF by 9.7% in the fourth quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock worth $1,658,441,000 after buying an additional 3,292,815 shares in the last quarter. Allworth Financial LP boosted its stake in SPDR Portfolio Developed World ex-US ETF by 0.3% in the fourth quarter. Allworth Financial LP now owns 29,790,838 shares of the company’s stock worth $1,323,011,000 after buying an additional 90,865 shares in the last quarter. Finally, Morgan Stanley boosted its stake in SPDR Portfolio Developed World ex-US ETF by 16.9% in the fourth quarter. Morgan Stanley now owns 11,915,888 shares of the company’s stock worth $529,185,000 after buying an additional 1,725,089 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of NYSEARCA SPDW opened at $51.69 on Tuesday. The stock has a market capitalization of $41.64 billion, a P/E ratio of 16.12 and a beta of 0.84. SPDR Portfolio Developed World ex-US ETF has a one year low of $41.08 and a one year high of $52.43. The firm’s 50 day simple moving average is $50.61 and its two-hundred day simple moving average is $49.35.

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.