SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Sees Strong Trading Volume – Here’s Why

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGMGet Free Report) shares saw strong trading volume on Tuesday . 75,065 shares traded hands during mid-day trading, an increase of 9% from the previous session’s volume of 69,100 shares.The stock last traded at $64.32 and had previously closed at $64.23.

SPDR Portfolio MSCI Global Stock Market ETF Trading Down 0.0 %

The stock’s 50-day moving average price is $64.80 and its 200-day moving average price is $64.55. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 20.29 and a beta of 0.95.

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

Large investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc purchased a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the 4th quarter valued at $84,000. Ameriprise Financial Inc. purchased a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF in the fourth quarter valued at about $279,000. Hughes Financial Services LLC purchased a new position in SPDR Portfolio MSCI Global Stock Market ETF during the 4th quarter valued at about $369,000. BIP Wealth LLC lifted its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 8.2% in the 4th quarter. BIP Wealth LLC now owns 7,432 shares of the company’s stock worth $471,000 after buying an additional 562 shares during the period. Finally, Strategic Wealth Investment Group LLC lifted its stake in SPDR Portfolio MSCI Global Stock Market ETF by 30.4% in the fourth quarter. Strategic Wealth Investment Group LLC now owns 11,503 shares of the company’s stock worth $728,000 after acquiring an additional 2,682 shares during the period.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

(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.

Further Reading

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