Mutual Advisors LLC Increases Stake in SPDR Portfolio ETF

Mutual Advisors LLC has heightened its investment in the SPDR Portfolio Developed World ex-US ETF (NYSEARCA: SPDW) by 2.3% during the second quarter of 2023. According to its latest filing with the Securities & Exchange Commission, the firm now holds a total of 200,660 shares, having acquired an additional 4,501 shares in the period.

The value of Mutual Advisors LLC’s holdings in the SPDR Portfolio Developed World ex-US ETF now stands at approximately $8,271,000. This move reflects a broader trend among investors, as several large firms have recently adjusted their positions in the ETF.

Other Major Stakeholders Increase Investments

Commonwealth Equity Services LLC has made a significant move, increasing its stake in the SPDR Portfolio Developed World ex-US ETF by an impressive 395.9% in the first quarter. Following this acquisition, Commonwealth now owns 6,428,708 shares, valued at $234,069,000, after adding over 5.1 million shares during the last quarter.

LPL Financial LLC has also bolstered its investment, raising its stake by 9.6%. LPL now holds 30,733,565 shares of the ETF, which is valued at around $1,119,009,000 following the addition of 2.7 million shares.

Other firms that have recently established new stakes in the ETF include Halbert Hargrove Global Advisors LLC, which invested approximately $63,370,000, and Exchange Traded Concepts LLC, with a new stake worth about $54,618,000. Confluence Investment Management LLC also acquired a fresh stake valued at around $51,697,000 during the same quarter.

Market Performance of SPDW

As of the latest trading session, shares of the SPDR Portfolio Developed World ex-US ETF opened at $42.86. The ETF has shown resilience in the market, with a fifty-two week low of $32.30 and a high of $43.78. Currently, the fund has a market capitalization of $30.38 billion and a price-to-earnings ratio of 16.12, alongside a beta of 0.89.

The SPDR Portfolio Developed World ex-US ETF aims to closely replicate the total return performance of the S&P/Citigroup BMI World Ex US Index. This index is a market capitalization-weighted measure of publicly traded companies based in developed countries outside the United States, making it a popular choice for investors seeking international exposure.

For those interested in tracking changes among hedge fund holdings in SPDW, resources like HoldingsChannel.com provide up-to-date information on 13F filings and insider trades. Additionally, analysts and investors can subscribe to daily summaries of news and ratings concerning the SPDR Portfolio Developed World ex-US ETF through MarketBeat.com.

With ongoing adjustments in major investment positions, the SPDR Portfolio Developed World ex-US ETF continues to attract attention from institutional investors, reinforcing its significance in the global market landscape.