SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Hits New 1-Year High

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SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGMGet Free Report)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $59.93 and last traded at $59.88, with a volume of 3030 shares. The stock had previously closed at $59.63.

SPDR Portfolio MSCI Global Stock Market ETF Stock Performance

The firm’s 50-day moving average price is $58.64 and its 200 day moving average price is $55.78. The company has a market cap of $782.59 million, a price-to-earnings ratio of 18.94 and a beta of 0.95.

Institutional Investors Weigh In On SPDR Portfolio MSCI Global Stock Market ETF

Several institutional investors have recently modified their holdings of SPGM. Private Trust Co. NA boosted its stake in SPDR Portfolio MSCI Global Stock Market ETF by 2.7% during the 4th quarter. Private Trust Co. NA now owns 7,359 shares of the company’s stock worth $407,000 after acquiring an additional 195 shares during the last quarter. Edge Capital Group LLC bought a new position in SPDR Portfolio MSCI Global Stock Market ETF during the 4th quarter worth approximately $495,000. Finally, C M Bidwell & Associates Ltd. boosted its stake in SPDR Portfolio MSCI Global Stock Market ETF by 14.1% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 3,568 shares of the company’s stock worth $197,000 after acquiring an additional 442 shares during the last quarter.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

(Get Free Report)

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.

Further Reading

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