SPDR Global Dow ETF (NYSEARCA:DGT) Reaches New 12-Month High – Here’s Why

Shares of SPDR Global Dow ETF (NYSEARCA:DGT) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $193.03 and last traded at $192.9650, with a volume of 3940 shares changing hands. The stock had previously closed at $191.31.

SPDR Global Dow ETF Stock Up 0.9%

The stock has a market cap of $632.93 million, a PE ratio of 15.93 and a beta of 0.81. The stock has a 50-day moving average of $187.92 and a 200 day moving average of $182.17.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. LPL Financial LLC boosted its position in shares of SPDR Global Dow ETF by 7.6% during the 4th quarter. LPL Financial LLC now owns 231,978 shares of the company’s stock valued at $38,671,000 after acquiring an additional 16,365 shares during the last quarter. Members Advisory Group LLC increased its position in 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 purchasing an additional 5,105 shares during the last quarter. Cetera Investment Advisers increased its position in 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 purchasing an additional 11,680 shares during the last quarter. Jane Street Group LLC raised its stake in SPDR Global Dow ETF by 234.5% during the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after purchasing an additional 38,512 shares during the period. Finally, Onyx Bridge Wealth Group LLC raised its stake in SPDR Global Dow ETF by 9.1% during the first quarter. Onyx Bridge Wealth Group LLC now owns 47,654 shares of the company’s stock worth $8,080,000 after purchasing an additional 3,992 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.