Sherman Asset Management Inc. Buys New Stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Sherman Asset Management Inc. bought a new stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 47,510 shares of the company’s stock, valued at approximately $1,622,000. SPDR Portfolio Developed World ex-US ETF comprises approximately 1.5% of Sherman Asset Management Inc.’s holdings, making the stock its 17th biggest holding.

Several other large investors have also recently bought and sold shares of SPDW. Life Planning Partners Inc grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 3,313.0% during the fourth quarter. Life Planning Partners Inc now owns 2,971,392 shares of the company’s stock worth $101,414,000 after purchasing an additional 2,884,331 shares during the last quarter. Allworth Financial LP grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 6.2% during the fourth quarter. Allworth Financial LP now owns 31,712,123 shares of the company’s stock worth $1,117,852,000 after purchasing an additional 1,848,371 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 1,732.2% during the third quarter. Benjamin Edwards Inc. now owns 1,748,164 shares of the company’s stock worth $65,660,000 after purchasing an additional 1,652,751 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 1,490.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 576,870 shares of the company’s stock worth $19,689,000 after purchasing an additional 540,594 shares during the last quarter. Finally, Goldstein Advisors LLC grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 79.8% during the fourth quarter. Goldstein Advisors LLC now owns 1,205,502 shares of the company’s stock worth $41,144,000 after purchasing an additional 534,982 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW stock opened at $36.43 on Friday. The stock’s 50-day moving average is $35.37 and its two-hundred day moving average is $35.94. The firm has a market cap of $23.31 billion, a price-to-earnings ratio of 16.66 and a beta of 0.91. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $33.11 and a 1 year high of $38.00.

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.