SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Short Interest Down 65.1% in February

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 20,560 shares, a drop of 65.1% from the January 29th total of 58,913 shares. Based on an average trading volume of 96,078 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 96,078 shares, the short-interest ratio is presently 0.2 days.

SPDR Portfolio MSCI Global Stock Market ETF Stock Performance

Shares of SPGM traded down $0.15 during mid-day trading on Friday, reaching $80.68. The stock had a trading volume of 194,775 shares, compared to its average volume of 180,428. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 20.63 and a beta of 0.93. SPDR Portfolio MSCI Global Stock Market ETF has a 12 month low of $54.21 and a 12 month high of $81.23. The business has a fifty day moving average of $78.87 and a 200 day moving average of $76.17.

Institutional Investors Weigh In On SPDR Portfolio MSCI Global Stock Market ETF

A number of institutional investors have recently bought and sold shares of the business. Flow Traders U.S. LLC lifted its position in shares of SPDR Portfolio MSCI Global Stock Market ETF by 179.5% in the second quarter. Flow Traders U.S. LLC now owns 241,495 shares of the company’s stock valued at $16,663,000 after acquiring an additional 155,095 shares in the last quarter. JPMorgan Chase & Co. raised its stake in SPDR Portfolio MSCI Global Stock Market ETF by 640.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 99,002 shares of the company’s stock valued at $6,831,000 after purchasing an additional 85,632 shares during the period. Betterment LLC purchased a new position in SPDR Portfolio MSCI Global Stock Market ETF in the 4th quarter worth approximately $781,000. Holos Integrated Wealth LLC bought a new position in SPDR Portfolio MSCI Global Stock Market ETF in the 4th quarter worth approximately $682,000. Finally, Ameriprise Financial Inc. grew its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 42.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,189 shares of the company’s stock valued at $1,213,000 after buying an additional 4,808 shares in the last quarter.

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.