Gambit Capital Management LLC Invests $1.98 Million in SPDR Portfolio Developed World ex-US ETF $SPDW

Gambit Capital Management LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the fourth quarter, HoldingsChannel reports. The firm acquired 44,545 shares of the company’s stock, valued at approximately $1,978,000. SPDR Portfolio Developed World ex-US ETF comprises about 1.4% of Gambit Capital Management LLC’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in SPDW. AQR Capital Management LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 13.1% during the 1st quarter. AQR Capital Management LLC now owns 39,917 shares of the company’s stock worth $1,453,000 after acquiring an additional 4,638 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 85.4% during the first quarter. Goldman Sachs Group Inc. now owns 450,862 shares of the company’s stock worth $16,416,000 after purchasing an additional 207,712 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 5,537.3% during the second quarter. Russell Investments Group Ltd. now owns 4,679 shares of the company’s stock worth $189,000 after purchasing an additional 4,596 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF during the second quarter worth about $1,802,000. Finally, Main Street Financial Solutions LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 95.3% during the second quarter. Main Street Financial Solutions LLC now owns 10,769 shares of the company’s stock worth $436,000 after purchasing an additional 5,255 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

SPDR Portfolio Developed World ex-US ETF stock opened at $49.52 on Tuesday. The company has a market capitalization of $39.53 billion, a P/E ratio of 16.12 and a beta of 0.83. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $38.76 and a fifty-two week high of $50.53. The stock has a 50-day simple moving average of $47.55 and a 200-day simple moving average of $46.31.

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. 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.