Hughes Financial Services LLC Makes New $5.03 Million Investment in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Hughes Financial Services LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 147,453 shares of the company’s stock, valued at approximately $5,033,000. SPDR Portfolio Developed World ex-US ETF accounts for about 1.0% of Hughes Financial Services LLC’s portfolio, making the stock its 17th largest position.

Several other hedge funds have also added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its position in SPDR Portfolio Developed World ex-US ETF by 1.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,296,389 shares of the company’s stock worth $44,246,000 after acquiring an additional 21,377 shares during the period. IAG Wealth Partners LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 7.4% in the fourth quarter. IAG Wealth Partners LLC now owns 1,203,375 shares of the company’s stock valued at $41,071,000 after purchasing an additional 83,417 shares during the period. Balboa Wealth Partners raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 6.3% in the fourth quarter. Balboa Wealth Partners now owns 20,664 shares of the company’s stock valued at $705,000 after purchasing an additional 1,221 shares during the period. Penobscot Wealth Management raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 200.9% in the fourth quarter. Penobscot Wealth Management now owns 19,246 shares of the company’s stock valued at $657,000 after purchasing an additional 12,849 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of SPDR Portfolio Developed World ex-US ETF by 17.7% in the fourth quarter. Farther Finance Advisors LLC now owns 92,884 shares of the company’s stock valued at $3,170,000 after purchasing an additional 13,938 shares during the period.

SPDR Portfolio Developed World ex-US ETF Stock Down 0.8 %

NYSEARCA SPDW opened at $36.53 on Friday. The company’s 50 day moving average is $35.85 and its 200-day moving average is $35.97. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $33.11 and a 12-month high of $38.00. The firm has a market cap of $23.54 billion, a P/E ratio of 15.92 and a beta of 0.90.

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.