SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Sees Large Volume Increase

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw an uptick in trading volume on Thursday . 53,610 shares traded hands during mid-day trading, a decline of 3% from the previous session’s volume of 55,160 shares.The stock last traded at $64.05 and had previously closed at $64.39.

SPDR Portfolio MSCI Global Stock Market ETF Trading Down 0.6 %

The company has a market cap of $838.27 million, a price-to-earnings ratio of 19.77 and a beta of 0.95. The stock’s 50 day moving average price is $62.10 and its 200 day moving average price is $60.72.

Institutional Trading of SPDR Portfolio MSCI Global Stock Market ETF

Institutional investors have recently modified their holdings of the company. Edge Capital Group LLC purchased a new stake in SPDR Portfolio MSCI Global Stock Market ETF during the fourth quarter worth approximately $495,000. Rothschild Investment LLC purchased a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the 2nd quarter valued at about $35,000. Finally, C M Bidwell & Associates Ltd. boosted its position in SPDR Portfolio MSCI Global Stock Market ETF by 14.1% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 3,568 shares of the company’s stock valued at $197,000 after buying an additional 442 shares during the last quarter.

About SPDR Portfolio MSCI Global Stock Market ETF

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.