Navigation Group LLC Invests $13.61 Million in SPDR Portfolio Developed World ex-US ETF $SPDW

Navigation Group LLC purchased a new position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 298,134 shares of the company’s stock, valued at approximately $13,610,000. SPDR Portfolio Developed World ex-US ETF makes up about 3.2% of Navigation Group LLC’s portfolio, making the stock its 10th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPDW. Auto Owners Insurance Co raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 5,626.0% in the 4th quarter. Auto Owners Insurance Co now owns 872,108,747 shares of the company’s stock valued at $38,730,349,000 after purchasing an additional 856,878,081 shares in the last quarter. Creative Planning grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% during the third quarter. Creative Planning now owns 112,764,556 shares of the company’s stock worth $4,825,195,000 after buying an additional 13,128,208 shares in the last quarter. Valpey Financial Services LLC grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 4,353.3% during the fourth quarter. Valpey Financial Services LLC now owns 5,507,040 shares of the company’s stock worth $244,568,000 after buying an additional 5,383,378 shares in the last quarter. LPL Financial LLC increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 9.7% in the fourth quarter. LPL Financial LLC now owns 37,343,862 shares of the company’s stock worth $1,658,441,000 after buying an additional 3,292,815 shares during the last quarter. Finally, State Street Corp increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 43.4% in the fourth quarter. State Street Corp now owns 8,457,483 shares of the company’s stock worth $375,597,000 after buying an additional 2,559,918 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDW opened at $50.16 on Thursday. The stock has a market capitalization of $40.27 billion, a PE ratio of 16.12 and a beta of 0.83. The firm’s fifty day moving average price is $50.36 and its 200 day moving average price is $48.27. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $39.54 and a 12-month high of $52.16.

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.