SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Short Interest Update

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 21,085 shares, a decrease of 31.7% from the March 15th total of 30,868 shares. Based on an average trading volume of 192,993 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR Portfolio MSCI Global Stock Market ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Betterment LLC purchased a new stake in SPDR Portfolio MSCI Global Stock Market ETF during the fourth quarter valued at approximately $781,000. Basepoint Wealth LLC purchased a new stake in SPDR Portfolio MSCI Global Stock Market ETF during the fourth quarter valued at approximately $72,000. Horizon Investments LLC purchased a new stake in SPDR Portfolio MSCI Global Stock Market ETF during the fourth quarter valued at approximately $135,000. Farther Finance Advisors LLC increased its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 1,049.3% during the fourth quarter. Farther Finance Advisors LLC now owns 4,919 shares of the company’s stock valued at $377,000 after buying an additional 4,491 shares during the last quarter. Finally, Holos Integrated Wealth LLC purchased a new stake in SPDR Portfolio MSCI Global Stock Market ETF during the fourth quarter valued at approximately $682,000.

SPDR Portfolio MSCI Global Stock Market ETF Stock Performance

Shares of NYSEARCA:SPGM opened at $80.08 on Tuesday. The stock’s 50-day simple moving average is $78.14 and its two-hundred day simple moving average is $77.17. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 20.63 and a beta of 0.91. SPDR Portfolio MSCI Global Stock Market ETF has a 52-week low of $58.16 and a 52-week high of $81.23.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

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.