Mutual Advisors LLC Increases Stake in SPDR Portfolio ETF

Mutual Advisors LLC has increased its investment in the SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 2.3% during the second quarter of 2024. According to the firm’s recent filing with the Securities and Exchange Commission, Mutual Advisors now holds 200,660 shares of the ETF, having acquired an additional 4,501 shares during this period. The total value of these holdings stands at approximately $8.27 million.

Several other significant investors have also made adjustments to their positions in the SPDR Portfolio ETF. Commonwealth Equity Services LLC dramatically increased its stake by 395.9% in the first quarter, now owning 6,428,708 shares valued at $234.07 million after acquiring 5,132,319 additional shares. Similarly, LPL Financial LLC raised its stake by 9.6%, owning 30,733,565 shares worth $1.12 billion after purchasing an additional 2,701,493 shares.

In the second quarter, Halbert Hargrove Global Advisors LLC made a significant move by purchasing a new stake in the ETF, valued at around $63.37 million. Other investors, such as Exchange Traded Concepts LLC and Confluence Investment Management LLC, also acquired new stakes worth approximately $54.62 million and $51.70 million, respectively.

Market Performance of SPDR Portfolio ETF

As of Wednesday, shares of the SPDR Portfolio Developed World ex-US ETF opened at $42.86. The stock has experienced a 52-week low of $32.30 and a high of $43.78. The ETF’s 50-day moving average is currently $42.25, while the 200-day moving average is $40.02. With a market capitalization of $30.38 billion, the ETF has a price-to-earnings ratio of 16.12 and 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 that defines and evaluates the investable universe of publicly traded companies located in developed countries outside the United States.

For those interested in tracking the holdings of the SPDR Portfolio ETF, resources such as HoldingsChannel.com provide the latest 13F filings and insider trades. Additionally, MarketBeat.com offers a daily email newsletter summarizing news and analyst ratings related to the SPDR Portfolio Developed World ex-US ETF and similar investment opportunities.