SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Short Interest Down 39.4% in December

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 27,991 shares, a decrease of 39.4% from the December 15th total of 46,195 shares. Based on an average daily trading volume, of 113,712 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 113,712 shares, the short-interest ratio is presently 0.2 days.

SPDR Portfolio MSCI Global Stock Market ETF Stock Performance

NYSEARCA SPGM traded up $0.09 on Friday, hitting $78.93. 137,165 shares of the stock were exchanged, compared to its average volume of 117,961. SPDR Portfolio MSCI Global Stock Market ETF has a 52-week low of $54.21 and a 52-week high of $79.22. The firm has a market capitalization of $1.37 billion, a P/E ratio of 20.63 and a beta of 0.93. The stock has a fifty day moving average price of $76.64 and a two-hundred day moving average price of $74.15.

Institutional Trading of SPDR Portfolio MSCI Global Stock Market ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPGM. Flow Traders U.S. LLC boosted its position in shares of SPDR Portfolio MSCI Global Stock Market ETF by 179.5% during the second quarter. Flow Traders U.S. LLC now owns 241,495 shares of the company’s stock valued at $16,663,000 after buying an additional 155,095 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of SPDR Portfolio MSCI Global Stock Market ETF by 640.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 99,002 shares of the company’s stock worth $6,831,000 after acquiring an additional 85,632 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 42.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,189 shares of the company’s stock valued at $1,213,000 after acquiring an additional 4,808 shares during the period. Private Trust Co. NA boosted its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 24.9% during the 3rd quarter. Private Trust Co. NA now owns 12,926 shares of the company’s stock valued at $968,000 after acquiring an additional 2,578 shares during the period. Finally, Holos Integrated Wealth LLC bought a new position in SPDR Portfolio MSCI Global Stock Market ETF in the 4th quarter valued at $682,000.

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.