IAG Wealth Partners LLC Sells 823,665 Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

IAG Wealth Partners LLC trimmed its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 68.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 379,710 shares of the company’s stock after selling 823,665 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up approximately 2.1% of IAG Wealth Partners LLC’s holdings, making the stock its 17th largest holding. IAG Wealth Partners LLC owned approximately 0.06% of SPDR Portfolio Developed World ex-US ETF worth $13,825,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Modern Wealth Management LLC increased its stake in SPDR Portfolio Developed World ex-US ETF by 99.8% during the fourth quarter. Modern Wealth Management LLC now owns 38,987 shares of the company’s stock valued at $1,406,000 after acquiring an additional 19,476 shares during the period. Steward Partners Investment Advisory LLC increased its stake in SPDR Portfolio Developed World ex-US ETF by 3.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,160 shares of the company’s stock valued at $552,000 after acquiring an additional 610 shares during the period. First Trust Advisors LP bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at about $853,000. AssuredPartners Investment Advisors LLC bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at about $277,000. Finally, Partners in Financial Planning bought a new position in SPDR Portfolio Developed World ex-US ETF during the fourth quarter valued at about $7,347,000.

SPDR Portfolio Developed World ex-US ETF Stock Down 1.3%

Shares of SPDW opened at $40.24 on Friday. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $32.30 and a 12-month high of $40.77. The firm has a market capitalization of $26.93 billion, a price-to-earnings ratio of 15.24 and a beta of 0.87. The stock’s 50-day moving average price is $38.24 and its 200 day moving average price is $36.62.

SPDR Portfolio Developed World ex-US ETF 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.