Ridgeline Wealth Planning LLC Invests $432,000 in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Ridgeline Wealth Planning LLC bought a new stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 12,663 shares of the company’s stock, valued at approximately $432,000. SPDR Portfolio Developed World ex-US ETF comprises approximately 0.4% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 23rd biggest holding.

A number of other hedge funds have also recently bought and sold shares of SPDW. Valued Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at about $25,000. Arlington Trust Co LLC bought a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at about $29,000. Safe Harbor Fiduciary LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at approximately $43,000. American Capital Advisory LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at approximately $71,000. Finally, CarsonAllaria Wealth Management Ltd. lifted its position in shares of SPDR Portfolio Developed World ex-US ETF by 171.0% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 1,905 shares of the company’s stock worth $65,000 after acquiring an additional 1,202 shares during the period.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.5 %

SPDW opened at $36.24 on Wednesday. The stock’s 50 day simple moving average is $35.08 and its 200-day simple moving average is $35.77. The stock has a market cap of $20.49 billion, a PE ratio of 14.67 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $33.11 and a 1 year high of $38.00.

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.