165,458 Shares in SPDR Portfolio Developed World ex-US ETF $SPDW Purchased by Independent Financial Group LLC

Independent Financial Group LLC bought a new position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the first quarter, HoldingsChannel reports. The fund bought 165,458 shares of the company’s stock, valued at approximately $7,553,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Albion Financial Group UT bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the fourth quarter worth approximately $29,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter valued at approximately $36,000. Godsey & Gibb Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF during the first quarter valued at approximately $44,000. Hazlett Burt & Watson Inc. bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at approximately $46,000. Finally, Tucker Asset Management LLC bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at approximately $47,000.

SPDR Portfolio Developed World ex-US ETF Trading Down 1.1%

Shares of SPDW stock opened at $49.63 on Friday. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $39.54 and a 12-month high of $52.16. The firm’s 50 day moving average is $50.36 and its 200 day moving average is $48.31. The stock has a market capitalization of $39.85 billion, a P/E ratio of 16.12 and a beta of 0.83.

SPDR Portfolio Developed World ex-US ETF 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.