SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Short Interest Update

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 101,831 shares, a growth of 395.3% from the February 12th total of 20,560 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 293,010 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 293,010 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the company’s stock are sold short.

SPDR Portfolio MSCI Global Stock Market ETF Price Performance

Shares of SPGM stock traded down $1.49 during mid-day trading on Thursday, hitting $76.61. 770,570 shares of the stock traded hands, compared to its average volume of 224,458. The stock has a market cap of $1.42 billion, a P/E ratio of 20.63 and a beta of 0.93. The stock’s fifty day moving average is $79.15 and its two-hundred day moving average is $76.64. SPDR Portfolio MSCI Global Stock Market ETF has a 52-week low of $54.21 and a 52-week high of $81.23.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in SPDR Portfolio MSCI Global Stock Market ETF by 640.5% during the second quarter. JPMorgan Chase & Co. now owns 99,002 shares of the company’s stock valued at $6,831,000 after acquiring an additional 85,632 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 179.5% in the second quarter. Flow Traders U.S. LLC now owns 241,495 shares of the company’s stock worth $16,663,000 after purchasing an additional 155,095 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of SPDR Portfolio MSCI Global Stock Market ETF by 64.4% during the second quarter. Ameriprise Financial Inc. now owns 11,381 shares of the company’s stock worth $785,000 after purchasing an additional 4,460 shares in the last quarter. Private Trust Co. NA increased its position in shares of SPDR Portfolio MSCI Global Stock Market ETF by 24.9% during the third quarter. Private Trust Co. NA now owns 12,926 shares of the company’s stock worth $968,000 after purchasing an additional 2,578 shares in the last quarter. Finally, Fairway Wealth LLC purchased a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the 3rd quarter valued at $62,000.

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.