SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Trading Down 0.5%

Posted by Amy Steele on Aug 30th, 2024

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM – Get Free Report) traded down 0.5% during trading on Wednesday . The company traded as low as $62.44 and last traded at $62.79. 20,826 shares were traded during mid-day trading, a decline of 64% from the average session volume of 57,394 shares. The stock had previously closed at $63.12.

SPDR Portfolio MSCI Global Stock Market ETF Stock Performance

The stock has a market capitalization of $829.49 million, a price-to-earnings ratio of 19.77 and a beta of 0.95. The business has a fifty day simple moving average of $61.39 and a 200 day simple moving average of $59.81.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Rothschild Investment LLC bought a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF in the second quarter valued at approximately $35,000. C M Bidwell & Associates Ltd. raised its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 14.1% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 3,568 shares of the company’s stock valued at $197,000 after acquiring an additional 442 shares in the last quarter. Edge Capital Group LLC bought a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the 4th quarter valued at $495,000. Finally, Private Trust Co. NA grew its holdings in shares of SPDR Portfolio MSCI Global Stock Market ETF by 49.4% during the 1st quarter. Private Trust Co. NA now owns 10,993 shares of the company’s stock worth $656,000 after purchasing an additional 3,634 shares in the last quarter.

About SPDR Portfolio MSCI Global Stock Market ETF

(Get Free Report)

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.