Members Advisory Group LLC Has $14.78 Million Stake in SPDR Global Dow ETF $DGT

Members Advisory Group LLC lowered its stake in SPDR Global Dow ETF (NYSEARCA:DGT) by 36.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,007 shares of the company’s stock after selling 44,969 shares during the period. SPDR Global Dow ETF accounts for approximately 4.1% of Members Advisory Group LLC’s holdings, making the stock its 9th biggest holding. Members Advisory Group LLC owned 2.44% of SPDR Global Dow ETF worth $14,784,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DGT. Jane Street Group LLC boosted its stake in shares of SPDR Global Dow ETF by 234.5% during the 1st quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock valued at $7,680,000 after purchasing an additional 38,512 shares in the last quarter. CW Advisors LLC bought a new position in shares of SPDR Global Dow ETF in the 2nd quarter worth approximately $220,000. Raymond James Financial Inc. lifted its stake in shares of SPDR Global Dow ETF by 20.6% in the 2nd quarter. Raymond James Financial Inc. now owns 11,843 shares of the company’s stock valued at $1,784,000 after purchasing an additional 2,019 shares during the period. Ameriprise Financial Inc. bought a new stake in shares of SPDR Global Dow ETF during the second quarter valued at approximately $5,125,000. Finally, Bank of America Corp DE grew its stake in SPDR Global Dow ETF by 85.4% in the second quarter. Bank of America Corp DE now owns 32,294 shares of the company’s stock worth $4,865,000 after purchasing an additional 14,871 shares during the period.

SPDR Global Dow ETF Trading Down 0.1%

DGT opened at $192.55 on Friday. The stock has a fifty day simple moving average of $188.29 and a two-hundred day simple moving average of $182.34. The company has a market cap of $631.56 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. SPDR Global Dow ETF has a 12-month low of $156.29 and a 12-month high of $193.03.

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.