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

SPDR Global Dow ETF (NYSEARCA:DGT) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $180.94 and last traded at $180.94, with a volume of 11920 shares changing hands. The stock had previously closed at $177.42.

SPDR Global Dow ETF Stock Down 0.1%

The company has a market capitalization of $587.70 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. The stock’s fifty day moving average price is $174.34 and its 200-day moving average price is $170.48.

Hedge Funds Weigh In On SPDR Global Dow ETF

Institutional investors have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new position in SPDR Global Dow ETF during the third quarter worth $52,000. Advisors Preferred LLC acquired a new position in SPDR Global Dow ETF during the third quarter worth $65,000. Garton & Associates Financial Advisors LLC acquired a new position in SPDR Global Dow ETF during the fourth quarter worth $102,000. CWM LLC increased its holdings in SPDR Global Dow ETF by 17.4% during the fourth quarter. CWM LLC now owns 762 shares of the company’s stock worth $127,000 after buying an additional 113 shares during the last quarter. Finally, CoreCap Advisors LLC increased its holdings in SPDR Global Dow ETF by 30.1% during the fourth quarter. CoreCap Advisors LLC now owns 982 shares of the company’s stock worth $164,000 after buying an additional 227 shares during the last quarter.

SPDR Global Dow ETF Company Profile

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.