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

SPDR Global Dow ETF (NYSEARCA:DGT)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $189.73 and last traded at $188.93, with a volume of 2178 shares. The stock had previously closed at $186.31.

SPDR Global Dow ETF Stock Performance

The company has a market cap of $615.19 million, a P/E ratio of 15.93 and a beta of 0.81. The business has a 50 day moving average price of $181.70 and a two-hundred day moving average price of $174.93.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC purchased a new position in shares of SPDR Global Dow ETF during the 1st quarter worth approximately $477,000. Arkadios Wealth Advisors lifted its position in shares of SPDR Global Dow ETF by 25.7% in the first quarter. Arkadios Wealth Advisors now owns 4,370 shares of the company’s stock worth $741,000 after buying an additional 893 shares in the last quarter. Royal Bank of Canada increased its stake in SPDR Global Dow ETF by 25.3% during the first quarter. Royal Bank of Canada now owns 4,454 shares of the company’s stock worth $755,000 after acquiring an additional 898 shares during the last quarter. Compound Planning Inc. grew its stake in shares of SPDR Global Dow ETF by 7.7% during the first 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 last quarter. Finally, Cetera Investment Advisers grew its stake 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 valued at $12,018,000 after buying an additional 11,680 shares during the last quarter.

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.