SPDR Portfolio Developed World ex-US ETF $SPDW Stock Sold by Confluence Investment Management LLC

Confluence Investment Management LLC trimmed its stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,419,786 shares of the company’s stock after selling 62,987 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up approximately 1.1% of Confluence Investment Management LLC’s portfolio, making the stock its 29th biggest holding. Confluence Investment Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $71,287,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Amicus Financial Advisors LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth $10,633,000. McClarren Financial Advisors Inc. raised its position in SPDR Portfolio Developed World ex-US ETF by 517.3% during the first quarter. McClarren Financial Advisors Inc. now owns 18,283 shares of the company’s stock valued at $835,000 after purchasing an additional 15,321 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its stake in SPDR Portfolio Developed World ex-US ETF by 30.2% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 275,440 shares of the company’s stock worth $12,232,000 after purchasing an additional 63,885 shares during the last quarter. Vicus Capital lifted its stake in SPDR Portfolio Developed World ex-US ETF by 60.3% during the first quarter. Vicus Capital now owns 2,876,162 shares of the company’s stock worth $131,297,000 after purchasing an additional 1,082,267 shares during the last quarter. Finally, Benchmark Financial LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 15.9% in the 1st quarter. Benchmark Financial LLC now owns 148,467 shares of the company’s stock worth $6,778,000 after purchasing an additional 20,314 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Down 1.0%

Shares of SPDR Portfolio Developed World ex-US ETF stock traded down $0.49 during trading on Thursday, hitting $49.72. 1,400,795 shares of the stock traded hands, compared to its average volume of 4,001,206. The stock has a market cap of $40.57 billion, a price-to-earnings ratio of 16.12 and a beta of 0.84. The firm’s fifty day moving average is $51.18 and its 200-day moving average is $49.79. SPDR Portfolio Developed World ex-US ETF has a 52 week low of $41.99 and a 52 week high of $52.43.

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.