SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM – Get Free Report) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 48,781 shares, a decline of 96.3% from the June 30th total of 1,321,316 shares. Based on an average daily volume of 475,971 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.
SPDR Portfolio MSCI Global Stock Market ETF Stock Up 0.0%
Shares of SPGM traded up $0.04 during trading on Friday, reaching $84.31. The company’s stock had a trading volume of 231,678 shares, compared to its average volume of 223,848. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 20.63 and a beta of 0.92. The company has a fifty day moving average of $85.17 and a two-hundred day moving average of $81.45. SPDR Portfolio MSCI Global Stock Market ETF has a twelve month low of $68.86 and a twelve month high of $86.84.
Institutional Trading of SPDR Portfolio MSCI Global Stock Market ETF
Institutional investors have recently added to or reduced their stakes in the stock. Ethos Financial Group LLC grew its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 6.7% during the 1st quarter. Ethos Financial Group LLC now owns 127,108 shares of the company’s stock worth $9,623,000 after acquiring an additional 7,927 shares in the last quarter. Betterment LLC bought a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF in the 4th quarter worth about $781,000. Ameriprise Financial Inc. increased its position in shares of SPDR Portfolio MSCI Global Stock Market ETF by 42.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 16,189 shares of the company’s stock worth $1,213,000 after purchasing an additional 4,808 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio MSCI Global Stock Market ETF by 640.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 99,002 shares of the company’s stock valued at $6,831,000 after purchasing an additional 85,632 shares in the last quarter. Finally, Stillwater Private Wealth LLC acquired a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF in the 1st quarter valued at about $891,000.
About SPDR Portfolio MSCI Global Stock Market ETF
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.
Featured Stories
- Five stocks we like better than SPDR Portfolio MSCI Global Stock Market ETF
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Receive News & Ratings for SPDR Portfolio MSCI Global Stock Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio MSCI Global Stock Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.
