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

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 17,999 shares, a decline of 14.6% from the March 31st total of 21,085 shares. Based on an average daily volume of 112,080 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

SPDR Portfolio MSCI Global Stock Market ETF Price Performance

Shares of SPDR Portfolio MSCI Global Stock Market ETF stock traded up $0.12 during trading on Friday, hitting $82.88. The company’s stock had a trading volume of 38,887 shares, compared to its average volume of 204,824. SPDR Portfolio MSCI Global Stock Market ETF has a 52 week low of $63.02 and a 52 week high of $83.38. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 20.63 and a beta of 0.92. The stock has a 50-day moving average price of $78.69 and a two-hundred day moving average price of $77.75.

Institutional Trading of SPDR Portfolio MSCI Global Stock Market ETF

Several institutional investors have recently modified their holdings of SPGM. Fairway Wealth LLC bought a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF in the third quarter worth $62,000. Basepoint Wealth LLC bought a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF in the fourth quarter worth $72,000. Acima Private Wealth LLC grew its stake in shares of 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 during the last quarter. Horizon Investments LLC bought a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF in the fourth quarter worth $135,000. Finally, DGS Capital Management LLC bought a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF in the first quarter worth $354,000.

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.