NewEdge Advisors LLC Invests $477,000 in SPDR Global Dow ETF $DGT

NewEdge Advisors LLC acquired a new stake in SPDR Global Dow ETF (NYSEARCA:DGT) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 2,816 shares of the company’s stock, valued at approximately $477,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Arkadios Wealth Advisors increased its holdings in SPDR Global Dow ETF by 25.7% during the 1st quarter. Arkadios Wealth Advisors now owns 4,370 shares of the company’s stock worth $741,000 after purchasing an additional 893 shares during the period. Royal Bank of Canada boosted its stake in shares of SPDR Global Dow ETF by 25.3% in the 1st quarter. Royal Bank of Canada now owns 4,454 shares of the company’s stock valued at $755,000 after buying an additional 898 shares during the period. Compound Planning Inc. boosted its stake in shares of SPDR Global Dow ETF by 7.7% in the 1st quarter. Compound Planning Inc. now owns 6,910 shares of the company’s stock valued at $1,172,000 after buying an additional 495 shares during the period. Cetera Investment Advisers grew its position in shares of SPDR Global Dow ETF by 19.7% during the first quarter. Cetera Investment Advisers now owns 70,882 shares of the company’s stock worth $12,018,000 after buying an additional 11,680 shares in the last quarter. Finally, Members Advisory Group LLC grew its position in shares of SPDR Global Dow ETF by 4.3% during the first quarter. Members Advisory Group LLC now owns 124,976 shares of the company’s stock worth $21,191,000 after buying an additional 5,105 shares in the last quarter.

SPDR Global Dow ETF Stock Performance

DGT stock opened at $192.18 on Friday. SPDR Global Dow ETF has a fifty-two week low of $154.39 and a fifty-two week high of $192.95. The company’s 50 day moving average price is $187.06 and its 200 day moving average price is $181.33. The firm has a market capitalization of $630.35 million, a price-to-earnings ratio of 15.93 and a beta of 0.81.

SPDR Global Dow ETF 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.