SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Sees Strong Trading Volume – What’s Next?

Shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw unusually-strong trading volume on Monday . Approximately 456,148 shares were traded during trading, an increase of 673% from the previous session’s volume of 58,984 shares.The stock last traded at $65.34 and had previously closed at $65.12.

SPDR Portfolio MSCI Global Stock Market ETF Trading Down 0.2 %

The company’s 50-day simple moving average is $64.59 and its 200 day simple moving average is $62.40. The stock has a market cap of $855.95 million, a P/E ratio of 19.77 and a beta of 0.95.

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

A hedge fund recently bought a new stake in SPDR Portfolio MSCI Global Stock Market ETF stock. Rothschild Investment LLC purchased a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 569 shares of the company’s stock, valued at approximately $35,000.

About SPDR Portfolio MSCI Global Stock Market ETF

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.