SPDR Global Dow ETF (NYSEARCA:DGT) Sets New 1-Year High – Here’s What Happened

SPDR Global Dow ETF (NYSEARCA:DGT) reached a new 52-week high during trading on Wednesday . The stock traded as high as $188.44 and last traded at $187.78, with a volume of 16330 shares changing hands. The stock had previously closed at $186.62.

SPDR Global Dow ETF Stock Performance

The company has a market cap of $610.29 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. The firm has a fifty day moving average price of $177.07 and a 200 day moving average price of $172.86.

Institutional Investors Weigh In On SPDR Global Dow ETF

A number of large investors have recently added to or reduced their stakes in DGT. Ameritas Advisory Services LLC bought a new stake in SPDR Global Dow ETF in the 3rd quarter valued at $52,000. Advisors Preferred LLC bought a new stake in SPDR Global Dow ETF in the 3rd quarter valued at $65,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of SPDR Global Dow ETF during the fourth quarter worth $102,000. CWM LLC lifted its holdings in shares of SPDR Global Dow ETF by 17.4% during the fourth quarter. CWM LLC now owns 762 shares of the company’s stock worth $127,000 after buying an additional 113 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in shares of SPDR Global Dow ETF by 30.1% during the fourth quarter. CoreCap Advisors LLC now owns 982 shares of the company’s stock worth $164,000 after buying an additional 227 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.