Hughes Financial Services LLC Takes $369,000 Position in SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM)

Hughes Financial Services LLC purchased a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,826 shares of the company’s stock, valued at approximately $369,000.

Several other institutional investors have also bought and sold shares of SPGM. Ethos Financial Group LLC acquired a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF in the 4th quarter valued at about $7,942,000. Strategic Wealth Investment Group LLC lifted its holdings in shares of SPDR Portfolio MSCI Global Stock Market ETF by 30.4% during the fourth quarter. Strategic Wealth Investment Group LLC now owns 11,503 shares of the company’s stock worth $728,000 after buying an additional 2,682 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio MSCI Global Stock Market ETF by 37.1% during the third quarter. JPMorgan Chase & Co. now owns 11,357 shares of the company’s stock worth $736,000 after buying an additional 3,074 shares during the last quarter. Finally, AdvisorNet Financial Inc acquired a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF during the fourth quarter worth approximately $84,000.

SPDR Portfolio MSCI Global Stock Market ETF Trading Down 1.2 %

Shares of NYSEARCA SPGM opened at $61.91 on Friday. The business has a fifty day simple moving average of $64.79 and a 200 day simple moving average of $64.48. The firm has a market capitalization of $968.89 million, a price-to-earnings ratio of 20.29 and a beta of 0.95. SPDR Portfolio MSCI Global Stock Market ETF has a one year low of $56.56 and a one year high of $66.88.

About SPDR Portfolio MSCI Global Stock Market ETF

The SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is an exchange-traded fund that is based on the MSCI AC World IMI index, a market-cap-weighted index of global stocks covering 99% of the developed and emerging markets capitalization. SPGM was launched on Feb 27, 2012 and is managed by State Street.