Cornerstone Wealth Management LLC Acquires 28,122 Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Cornerstone Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 14.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 228,443 shares of the company’s stock after acquiring an additional 28,122 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $7,797,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Future Financial Wealth Managment LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter valued at approximately $28,000. Arlington Trust Co LLC bought a new position in shares of SPDR Portfolio Developed World ex-US ETF during the third quarter valued at approximately $29,000. Safe Harbor Fiduciary LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the third quarter worth $43,000. M&R Capital Management Inc. raised its holdings in SPDR Portfolio Developed World ex-US ETF by 89.2% in the third quarter. M&R Capital Management Inc. now owns 1,612 shares of the company’s stock worth $61,000 after purchasing an additional 760 shares in the last quarter. Finally, American Capital Advisory LLC bought a new position in SPDR Portfolio Developed World ex-US ETF in the third quarter worth $71,000.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.7 %

SPDW opened at $35.49 on Friday. The stock has a fifty day simple moving average of $34.97 and a two-hundred day simple moving average of $35.79. The company has a market cap of $20.06 billion, a price-to-earnings ratio of 14.67 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $33.11 and a 12-month high of $38.00.

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.