SPDR Global Dow ETF (NYSEARCA:DGT) Sets New 52-Week High – What’s Next?

Shares of SPDR Global Dow ETF (NYSEARCA:DGT) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $177.96 and last traded at $177.6460, with a volume of 10479 shares. The stock had previously closed at $173.95.

SPDR Global Dow ETF Price Performance

The firm has a market capitalization of $540.52 million, a P/E ratio of 15.93 and a beta of 0.88. The firm has a 50-day moving average price of $169.57 and a two-hundred day moving average price of $163.39.

Institutional Investors Weigh In On SPDR Global Dow ETF

Several large investors have recently added to or reduced their stakes in DGT. Thoroughbred Financial Services LLC increased its position in shares of SPDR Global Dow ETF by 1.3% during the third quarter. Thoroughbred Financial Services LLC now owns 5,014 shares of the company’s stock worth $811,000 after acquiring an additional 63 shares during the period. Nwam LLC grew its stake in SPDR Global Dow ETF by 0.6% in the fourth quarter. Nwam LLC now owns 15,114 shares of the company’s stock worth $2,607,000 after purchasing an additional 83 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in SPDR Global Dow ETF by 6.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,433 shares of the company’s stock worth $232,000 after purchasing an additional 87 shares during the period. CWM LLC lifted its holdings in shares of SPDR Global Dow ETF by 17.4% in the 4th quarter. CWM LLC now owns 762 shares of the company’s stock worth $127,000 after buying an additional 113 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of SPDR Global Dow ETF by 2.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 5,731 shares of the company’s stock worth $863,000 after buying an additional 143 shares during the period.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.