Envestnet Portfolio Solutions Inc. Increases Stock Position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Envestnet Portfolio Solutions Inc. raised its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 47.4% during the first quarter, Holdings Channel.com reports. The firm owned 3,284,240 shares of the company’s stock after purchasing an additional 1,055,397 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $119,579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SPDW. Principal Securities Inc. increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 3.9% in the 4th quarter. Principal Securities Inc. now owns 16,188 shares of the company’s stock valued at $552,000 after purchasing an additional 609 shares in the last quarter. Truist Financial Corp increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 3.4% in the 4th quarter. Truist Financial Corp now owns 291,535 shares of the company’s stock valued at $9,950,000 after purchasing an additional 9,673 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 3.7% in the 4th quarter. D.A. Davidson & CO. now owns 9,272 shares of the company’s stock valued at $316,000 after purchasing an additional 331 shares in the last quarter. Atria Wealth Solutions Inc. increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 29.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 230,244 shares of the company’s stock valued at $7,858,000 after purchasing an additional 52,601 shares in the last quarter. Finally, Cornerstone Advisors Asset Management LLC increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 7.9% in the 4th quarter. Cornerstone Advisors Asset Management LLC now owns 188,442 shares of the company’s stock valued at $6,432,000 after purchasing an additional 13,828 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Up 0.3%

Shares of SPDW opened at $40.05 on Thursday. The company has a 50-day simple moving average of $38.60 and a 200-day simple moving average of $36.71. The company has a market capitalization of $26.81 billion, a PE ratio of 15.24 and a beta of 0.87. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $32.30 and a 52-week high of $40.80.

About SPDR Portfolio Developed World ex-US ETF

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.