SPDR Global Dow ETF (NYSEARCA:DGT) Sets New 12-Month High – What’s Next?

SPDR Global Dow ETF (NYSEARCA:DGT)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $186.22 and last traded at $186.22, with a volume of 5157 shares trading hands. The stock had previously closed at $185.38.

SPDR Global Dow ETF Trading Up 0.3%

The company has a market capitalization of $604.50 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. The firm’s fifty day simple moving average is $175.87 and its two-hundred day simple moving average is $172.22.

Hedge Funds Weigh In On SPDR Global Dow ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Thoroughbred Financial Services LLC boosted its holdings in SPDR Global Dow ETF by 1.3% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 5,014 shares of the company’s stock valued at $811,000 after purchasing an additional 63 shares during the last quarter. Nwam LLC lifted its holdings in shares of SPDR Global Dow ETF by 0.6% in the 4th quarter. Nwam LLC now owns 15,114 shares of the company’s stock worth $2,607,000 after acquiring an additional 83 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of SPDR Global Dow ETF by 6.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,433 shares of the company’s stock worth $232,000 after acquiring an additional 87 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of SPDR Global Dow ETF by 7.0% in the 1st quarter. Sanctuary Advisors LLC now owns 1,595 shares of the company’s stock worth $270,000 after acquiring an additional 105 shares during the last quarter. Finally, 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 acquiring an additional 113 shares during the last quarter.

About SPDR Global Dow ETF

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.