JDM Financial Group LLC Has $33.97 Million Stock Position in SPDR Portfolio Developed World ex-US ETF $SPDW

JDM Financial Group LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 13.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 744,083 shares of the company’s stock after buying an additional 89,654 shares during the period. SPDR Portfolio Developed World ex-US ETF accounts for approximately 7.1% of JDM Financial Group LLC’s investment portfolio, making the stock its 2nd biggest position. JDM Financial Group LLC owned approximately 0.09% of SPDR Portfolio Developed World ex-US ETF worth $33,967,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPDW. Albion Financial Group UT bought a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at about $29,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the 1st quarter worth about $36,000. Johnson Financial Group Inc. bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at about $37,000. Godsey & Gibb Inc. bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at about $44,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the 4th quarter valued at about $46,000.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of NYSEARCA:SPDW opened at $50.42 on Friday. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $39.54 and a 52-week high of $52.16. The company has a market capitalization of $40.61 billion, a P/E ratio of 16.12 and a beta of 0.83. The company has a 50-day simple moving average of $50.29 and a 200 day simple moving average of $48.62.

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.