SPDR Global Dow ETF (NYSEARCA:DGT) Sets New 52-Week High – Here’s What Happened

Shares of SPDR Global Dow ETF (NYSEARCA:DGT) reached a new 52-week high during trading on Tuesday . The company traded as high as $189.74 and last traded at $189.74, with a volume of 1960 shares. The stock had previously closed at $188.31.

SPDR Global Dow ETF Stock Down 0.1%

The stock has a market cap of $626.78 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. The stock has a fifty day moving average of $185.78 and a two-hundred day moving average of $179.75.

Hedge Funds Weigh In On SPDR Global Dow ETF

A number of large investors have recently modified their holdings of the company. Members Advisory Group LLC grew its stake in shares of SPDR Global Dow ETF by 58.2% in the fourth quarter. Members Advisory Group LLC now owns 119,871 shares of the company’s stock valued at $19,984,000 after buying an additional 44,113 shares in the last quarter. Jane Street Group LLC lifted its position in 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 worth $7,680,000 after acquiring an additional 38,512 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in SPDR Global Dow ETF during the 2nd quarter worth approximately $5,125,000. Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR Global Dow ETF by 392.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 27,130 shares of the company’s stock worth $4,523,000 after acquiring an additional 21,621 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in SPDR Global Dow ETF by 49.6% in the 4th quarter. Cetera Investment Advisers now owns 59,202 shares of the company’s stock worth $9,869,000 after acquiring an additional 19,625 shares during the period.

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.