Gateway Wealth Partners LLC Decreases Stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Gateway Wealth Partners LLC cut its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 13.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,063 shares of the company’s stock after selling 2,863 shares during the quarter. Gateway Wealth Partners LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $634,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SPDW. LPL Financial LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF by 8.8% in the 2nd quarter. LPL Financial LLC now owns 27,846,706 shares of the company’s stock valued at $976,862,000 after purchasing an additional 2,244,478 shares during the last quarter. TIAA Trust National Association grew its stake in shares of SPDR Portfolio Developed World ex-US ETF by 2.4% during the second quarter. TIAA Trust National Association now owns 12,775,751 shares of the company’s stock worth $448,173,000 after purchasing an additional 296,017 shares in the last quarter. Auto Owners Insurance Co increased its holdings in SPDR Portfolio Developed World ex-US ETF by 2.6% in the fourth quarter. Auto Owners Insurance Co now owns 11,466,000 shares of the company’s stock valued at $389,959,000 after buying an additional 291,000 shares during the last quarter. CWM LLC raised its stake in SPDR Portfolio Developed World ex-US ETF by 6.1% in the second quarter. CWM LLC now owns 10,518,779 shares of the company’s stock valued at $368,999,000 after buying an additional 603,173 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in SPDR Portfolio Developed World ex-US ETF by 6.5% in the second quarter. Envestnet Asset Management Inc. now owns 6,485,274 shares of the company’s stock valued at $227,503,000 after buying an additional 397,088 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

SPDW opened at $37.72 on Monday. SPDR Portfolio Developed World ex-US ETF has a one year low of $29.39 and a one year high of $38.00. The company has a market cap of $21.32 billion, a P/E ratio of 14.67 and a beta of 0.88. The business’s 50-day simple moving average is $36.14 and its 200-day simple moving average is $35.82.

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.