99,939 SPDR Portfolio Developed World ex-US ETF $SPDW Shares Bought by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners boosted its holdings in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 20.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 581,429 shares of the company’s stock after purchasing an additional 99,939 shares during the quarter. SPDR Portfolio Developed World ex-US ETF makes up 3.2% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 7th largest position. Tennessee Valley Asset Management Partners’ holdings in SPDR Portfolio Developed World ex-US ETF were worth $29,194,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. HB Wealth Management LLC lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 3.1% in the first quarter. HB Wealth Management LLC now owns 7,450 shares of the company’s stock valued at $340,000 after acquiring an additional 226 shares in the last quarter. Tandem Investment Partners LLC grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 3.9% during the third quarter. Tandem Investment Partners LLC now owns 6,119 shares of the company’s stock worth $307,000 after purchasing an additional 230 shares in the last quarter. Ballast Inc. grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 5.1% during the third quarter. Ballast Inc. now owns 4,781 shares of the company’s stock worth $240,000 after purchasing an additional 231 shares in the last quarter. Baron Financial Group LLC grew its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.4% during the third quarter. Baron Financial Group LLC now owns 60,992 shares of the company’s stock worth $3,062,000 after purchasing an additional 235 shares in the last quarter. Finally, Coastline Complete Wealth LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 1.8% during the 1st quarter. Coastline Complete Wealth LLC now owns 14,523 shares of the company’s stock valued at $663,000 after purchasing an additional 254 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Down 0.5%

NYSEARCA SPDW traded down $0.23 during trading hours on Friday, reaching $48.23. The company’s stock had a trading volume of 14,017,077 shares, compared to its average volume of 3,974,560. The firm’s 50-day moving average price is $50.35 and its 200-day moving average price is $49.42. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $41.99 and a 1 year high of $52.43. The company has a market capitalization of $39.95 billion, a price-to-earnings ratio of 16.12 and a beta of 0.86.

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.