SPDR Global Dow ETF (NYSEARCA:DGT) Reaches New 1-Year High – What’s Next?

SPDR Global Dow ETF (NYSEARCA:DGTGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $186.22 and last traded at $186.22, with a volume of 5157 shares. The stock had previously closed at $185.38.

SPDR Global Dow ETF Price Performance

The company’s fifty day simple moving average is $176.39 and its 200-day simple moving average is $172.46. The firm has a market capitalization of $606.52 million, a PE ratio of 15.93 and a beta of 0.81.

Hedge Funds Weigh In On SPDR Global Dow ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Members Advisory Group LLC lifted its stake in shares of SPDR Global Dow ETF by 58.2% during the fourth quarter. Members Advisory Group LLC now owns 119,871 shares of the company’s stock worth $19,984,000 after buying an additional 44,113 shares during the period. Jane Street Group LLC lifted its stake in shares of SPDR Global Dow ETF by 234.5% during the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after buying an additional 38,512 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of SPDR Global Dow ETF during the second quarter worth $5,125,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR Global Dow ETF by 392.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 27,130 shares of the company’s stock worth $4,523,000 after buying an additional 21,621 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of SPDR Global Dow ETF by 49.6% during the fourth quarter. Cetera Investment Advisers now owns 59,202 shares of the company’s stock worth $9,869,000 after buying an additional 19,625 shares during the period.

SPDR Global Dow ETF Company Profile

(Get Free Report)

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.

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