SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Reaches New 1-Year High at $63.46

Shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) reached a new 52-week high on Wednesday . The stock traded as high as $63.46 and last traded at $63.29, with a volume of 12945 shares. The stock had previously closed at $63.01.

SPDR Portfolio MSCI Global Stock Market ETF Price Performance

The business has a 50 day simple moving average of $61.66 and a 200-day simple moving average of $60.30. The stock has a market capitalization of $823.07 million, a price-to-earnings ratio of 19.77 and a beta of 0.95.

Hedge Funds Weigh In On SPDR Portfolio MSCI Global Stock Market ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Rothschild Investment LLC bought a new position in SPDR Portfolio MSCI Global Stock Market ETF in the second quarter valued at approximately $35,000. C M Bidwell & Associates Ltd. increased its position in shares of SPDR Portfolio MSCI Global Stock Market ETF by 14.1% during the fourth quarter. C M Bidwell & Associates Ltd. now owns 3,568 shares of the company’s stock worth $197,000 after acquiring an additional 442 shares in the last quarter. Edge Capital Group LLC acquired a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the fourth quarter worth $495,000. Finally, Private Trust Co. NA lifted its position in SPDR Portfolio MSCI Global Stock Market ETF by 49.4% in the 1st quarter. Private Trust Co. NA now owns 10,993 shares of the company’s stock valued at $656,000 after acquiring an additional 3,634 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.