SPDR Global Dow ETF (NYSEARCA:DGT) Sets New 1-Year High – Here’s What Happened

SPDR Global Dow ETF (NYSEARCA:DGT)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $188.44 and last traded at $187.78, with a volume of 16330 shares trading hands. The stock had previously closed at $186.62.

SPDR Global Dow ETF Price Performance

The company has a market capitalization of $610.29 million, a P/E ratio of 15.93 and a beta of 0.81. The company has a fifty day moving average price of $177.07 and a two-hundred day moving average price of $172.86.

Institutional Trading of SPDR Global Dow ETF

Several institutional investors have recently added to or reduced their stakes in DGT. Members Advisory Group LLC boosted its holdings in SPDR Global Dow ETF by 58.2% in the fourth quarter. Members Advisory Group LLC now owns 119,871 shares of the company’s stock valued at $19,984,000 after acquiring an additional 44,113 shares during the last quarter. Jane Street Group LLC lifted its stake in SPDR Global Dow ETF by 234.5% in the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock valued at $7,680,000 after buying an additional 38,512 shares during the period. Ameriprise Financial Inc. acquired a new position in SPDR Global Dow ETF in the second quarter valued at approximately $5,125,000. Northwestern Mutual Wealth Management Co. lifted its stake in SPDR Global Dow ETF by 392.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 27,130 shares of the company’s stock valued at $4,523,000 after buying an additional 21,621 shares during the period. Finally, Cetera Investment Advisers lifted its stake in SPDR Global Dow ETF by 49.6% in the fourth quarter. Cetera Investment Advisers now owns 59,202 shares of the company’s stock valued at $9,869,000 after buying an additional 19,625 shares during the period.

About SPDR Global Dow ETF

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.