SPDR Global Dow ETF (NYSEARCA:DGT) Hits New 12-Month High – Here’s What Happened

Shares of SPDR Global Dow ETF (NYSEARCA:DGTGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $172.09 and last traded at $171.9780, with a volume of 10866 shares changing hands. The stock had previously closed at $170.86.

SPDR Global Dow ETF Trading Up 0.1%

The company’s 50-day moving average is $167.33 and its 200-day moving average is $161.63. The firm has a market cap of $520.64 million, a price-to-earnings ratio of 15.93 and a beta of 0.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC grew its stake in shares of SPDR Global Dow ETF by 234.5% during the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after buying an additional 38,512 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of SPDR Global Dow ETF during the 2nd quarter valued at $5,125,000. Onyx Bridge Wealth Group LLC bought a new stake in SPDR Global Dow ETF during the 2nd quarter worth $3,774,000. Fagan Associates Inc. grew its position in SPDR Global Dow ETF by 53.5% during the 2nd quarter. Fagan Associates Inc. now owns 65,167 shares of the company’s stock worth $9,817,000 after acquiring an additional 22,709 shares during the last quarter. Finally, Meridian Wealth Management LLC acquired a new position in SPDR Global Dow ETF in the 2nd quarter worth about $2,911,000.

SPDR Global Dow ETF Company Profile

(Get Free Report)

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.

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