Dravo Bay LLC Raises Stock Holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Dravo Bay LLC boosted its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 83.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 53,037 shares of the company’s stock after acquiring an additional 24,189 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up 0.9% of Dravo Bay LLC’s portfolio, making the stock its 21st largest holding. Dravo Bay LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $1,810,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Allworth Financial LP raised its position in SPDR Portfolio Developed World ex-US ETF by 6.2% in the 4th quarter. Allworth Financial LP now owns 31,712,123 shares of the company’s stock worth $1,117,852,000 after buying an additional 1,848,371 shares during the last quarter. Townsquare Capital LLC raised its position in SPDR Portfolio Developed World ex-US ETF by 9.2% in the 3rd quarter. Townsquare Capital LLC now owns 5,259,797 shares of the company’s stock worth $197,558,000 after buying an additional 441,484 shares during the last quarter. Advisory Alpha LLC raised its position in SPDR Portfolio Developed World ex-US ETF by 0.8% in the 4th quarter. Advisory Alpha LLC now owns 4,405,127 shares of the company’s stock worth $150,349,000 after buying an additional 36,229 shares during the last quarter. Gradient Investments LLC raised its position in SPDR Portfolio Developed World ex-US ETF by 10.8% in the 4th quarter. Gradient Investments LLC now owns 3,628,564 shares of the company’s stock worth $123,843,000 after buying an additional 355,068 shares during the last quarter. Finally, Life Planning Partners Inc raised its position in SPDR Portfolio Developed World ex-US ETF by 3,313.0% in the 4th quarter. Life Planning Partners Inc now owns 2,971,392 shares of the company’s stock worth $101,414,000 after buying an additional 2,884,331 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA:SPDW opened at $36.72 on Tuesday. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $33.11 and a fifty-two week high of $38.00. The business has a 50-day simple moving average of $35.42 and a two-hundred day simple moving average of $35.95. The firm has a market cap of $23.49 billion, a price-to-earnings ratio of 16.66 and a beta of 0.91.

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.