SPDR Global Dow ETF (NYSEARCA:DGT – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 16,490 shares, a growth of 59.2% from the August 15th total of 10,361 shares. Based on an average trading volume of 7,344 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.5% of the shares of the company are short sold.
SPDR Global Dow ETF Stock Up 1.2%
Shares of NYSEARCA DGT traded up $2.24 during midday trading on Thursday, reaching $190.08. 6,226 shares of the stock were exchanged, compared to its average volume of 16,398. The firm has a market cap of $587.35 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. The firm has a 50-day simple moving average of $189.16 and a two-hundred day simple moving average of $182.99. SPDR Global Dow ETF has a twelve month low of $159.13 and a twelve month high of $193.03.
Institutional Trading of SPDR Global Dow ETF
Hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC acquired a new stake in shares of SPDR Global Dow ETF in the 1st quarter valued at $477,000. Vise Technologies Inc. purchased a new position in SPDR Global Dow ETF during the fourth quarter worth about $1,240,000. Perryman Financial Advisory Inc. AD acquired a new stake in SPDR Global Dow ETF in the fourth quarter valued at about $498,000. ARQ Wealth Advisors LLC boosted its stake in shares of SPDR Global Dow ETF by 25.3% during the 1st quarter. ARQ Wealth Advisors LLC now owns 16,994 shares of the company’s stock worth $2,881,000 after purchasing an additional 3,436 shares during the last quarter. Finally, Members Advisory Group LLC grew its holdings in shares of SPDR Global Dow ETF by 4.3% during the first quarter. Members Advisory Group LLC now owns 124,976 shares of the company’s stock worth $21,191,000 after buying an additional 5,105 shares in 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.
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