SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Short Interest Update

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 27,991 shares, a decrease of 39.4% from the December 15th total of 46,195 shares. Based on an average trading volume of 113,712 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 113,712 shares, the short-interest ratio is presently 0.2 days.

SPDR Portfolio MSCI Global Stock Market ETF Trading Up 0.1%

Shares of SPGM stock traded up $0.09 during trading hours on Friday, hitting $78.93. 172,682 shares of the company were exchanged, compared to its average volume of 121,617. SPDR Portfolio MSCI Global Stock Market ETF has a 52-week low of $54.21 and a 52-week high of $79.22. The firm has a fifty day simple moving average of $76.70 and a 200 day simple moving average of $74.26. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of 20.63 and a beta of 0.93.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Holos Integrated Wealth LLC bought a new stake in SPDR Portfolio MSCI Global Stock Market ETF during the 4th quarter valued at $682,000. Ameriprise Financial Inc. raised its stake in shares of SPDR Portfolio MSCI Global Stock Market ETF by 42.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,189 shares of the company’s stock valued at $1,213,000 after purchasing an additional 4,808 shares during the period. Acima Private Wealth LLC lifted its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 14.6% during the 3rd quarter. Acima Private Wealth LLC now owns 1,676 shares of the company’s stock worth $126,000 after purchasing an additional 214 shares in the last quarter. Fairway Wealth LLC bought a new position in SPDR Portfolio MSCI Global Stock Market ETF in the 3rd quarter worth about $62,000. Finally, Private Trust Co. NA grew its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 24.9% during the 3rd quarter. Private Trust Co. NA now owns 12,926 shares of the company’s stock valued at $968,000 after buying an additional 2,578 shares in the last quarter.

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.