Wrapmanager Inc. Has $17.30 Million Stock Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Wrapmanager Inc. raised its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 9.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 427,208 shares of the company’s stock after acquiring an additional 36,085 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up about 4.2% of Wrapmanager Inc.’s holdings, making the stock its 3rd largest holding. Wrapmanager Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $17,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of SPDW. Advisors Capital Management LLC grew its stake in SPDR Portfolio Developed World ex-US ETF by 9.2% during the second quarter. Advisors Capital Management LLC now owns 9,899 shares of the company’s stock valued at $401,000 after acquiring an additional 830 shares in the last quarter. Ignite Planners LLC lifted its stake in SPDR Portfolio Developed World ex-US ETF by 2.0% in the 2nd quarter. Ignite Planners LLC now owns 185,855 shares of the company’s stock worth $7,475,000 after purchasing an additional 3,577 shares in the last quarter. Hibernia Wealth Partners LLC boosted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 103.3% during the 2nd quarter. Hibernia Wealth Partners LLC now owns 33,078 shares of the company’s stock valued at $1,339,000 after purchasing an additional 16,810 shares during the last quarter. Clearstead Trust LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 2nd quarter valued at about $261,000. Finally, Investment Partners LTD. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the second quarter valued at about $2,023,000.

SPDR Portfolio Developed World ex-US ETF Trading Down 1.2%

NYSEARCA:SPDW opened at $43.81 on Friday. The business’s 50-day moving average is $43.12 and its 200 day moving average is $41.24. SPDR Portfolio Developed World ex-US ETF has a 12 month low of $32.30 and a 12 month high of $44.38. The company has a market capitalization of $31.94 billion, a P/E ratio of 16.12 and a beta of 0.88.

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.