SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Reaches New 12-Month High – Here’s What Happened

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $81.00 and last traded at $80.9590, with a volume of 138017 shares changing hands. The stock had previously closed at $80.50.

SPDR Portfolio MSCI Global Stock Market ETF Stock Up 0.8%

The firm has a 50 day moving average price of $78.66 and a 200 day moving average price of $76.10. The stock has a market cap of $1.51 billion, a P/E ratio of 20.63 and a beta of 0.93.

Institutional Investors Weigh In On SPDR Portfolio MSCI Global Stock Market ETF

Several large investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC boosted its holdings in shares of SPDR Portfolio MSCI Global Stock Market ETF by 179.5% in the second quarter. Flow Traders U.S. LLC now owns 241,495 shares of the company’s stock valued at $16,663,000 after purchasing an additional 155,095 shares during the period. Ameriprise Financial Inc. grew its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 64.4% in the second quarter. Ameriprise Financial Inc. now owns 11,381 shares of the company’s stock worth $785,000 after purchasing an additional 4,460 shares during the last quarter. JPMorgan Chase & Co. grew its stake in 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 buying an additional 85,632 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of SPDR Portfolio MSCI Global Stock Market ETF by 24.9% during the third 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 in the last quarter. Finally, Fairway Wealth LLC purchased a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF in the 3rd quarter valued at approximately $62,000.

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.