Granite Bay Wealth Management LLC Has $2.98 Million Position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Granite Bay Wealth Management LLC grew its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 48.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,817 shares of the company’s stock after buying an additional 27,807 shares during the quarter. Granite Bay Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,975,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Range Financial Group LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 0.4% in the 2nd quarter. Range Financial Group LLC now owns 85,083 shares of the company’s stock valued at $2,985,000 after buying an additional 306 shares in the last quarter. Regal Investment Advisors LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 2.2% during the 2nd quarter. Regal Investment Advisors LLC now owns 14,332 shares of the company’s stock worth $503,000 after purchasing an additional 313 shares in the last quarter. American Institute for Advanced Investment Management LLP increased its position in SPDR Portfolio Developed World ex-US ETF by 4.9% during the 1st quarter. American Institute for Advanced Investment Management LLP now owns 6,730 shares of the company’s stock worth $241,000 after purchasing an additional 315 shares in the last quarter. Lincoln Capital Corp increased its position in SPDR Portfolio Developed World ex-US ETF by 3.8% during the 1st quarter. Lincoln Capital Corp now owns 9,207 shares of the company’s stock worth $330,000 after purchasing an additional 337 shares in the last quarter. Finally, Balanced Wealth Group LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 1.8% during the 2nd quarter. Balanced Wealth Group LLC now owns 19,600 shares of the company’s stock worth $688,000 after purchasing an additional 340 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

SPDW stock opened at $37.56 on Tuesday. The company has a 50 day simple moving average of $36.14 and a 200 day simple moving average of $35.82. The stock has a market cap of $21.23 billion, a price-to-earnings ratio of 14.67 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $29.39 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.