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

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 21,085 shares, a decrease of 31.7% from the March 15th total of 30,868 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 192,993 shares, the days-to-cover ratio is presently 0.1 days.

SPDR Portfolio MSCI Global Stock Market ETF Trading Up 0.8%

SPGM opened at $80.08 on Tuesday. The stock has a fifty day simple moving average of $78.14 and a two-hundred day simple moving average of $77.17. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 20.63 and a beta of 0.91. SPDR Portfolio MSCI Global Stock Market ETF has a 12-month low of $58.16 and a 12-month high of $81.23.

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

Institutional investors have recently added to or reduced their stakes in the company. Holos Integrated Wealth LLC bought a new position in SPDR Portfolio MSCI Global Stock Market ETF in the fourth quarter worth $682,000. Acima Private Wealth LLC raised its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 14.6% in the third quarter. Acima Private Wealth LLC now owns 1,676 shares of the company’s stock worth $126,000 after purchasing an additional 214 shares in the last quarter. Private Trust Co. NA raised its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 24.9% in 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. Farther Finance Advisors LLC increased its holdings in shares of SPDR Portfolio MSCI Global Stock Market ETF by 1,049.3% during the fourth quarter. Farther Finance Advisors LLC now owns 4,919 shares of the company’s stock valued at $377,000 after acquiring an additional 4,491 shares in the last quarter. Finally, Basepoint Wealth LLC purchased a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF in the 4th quarter worth about $72,000.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

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.