Newbridge Financial Services Group Inc. Acquires New Holdings in SPDR Global Dow ETF $DGT

Newbridge Financial Services Group Inc. bought a new position in SPDR Global Dow ETF (NYSEARCA:DGT) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 5,546 shares of the company’s stock, valued at approximately $835,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its position in shares of SPDR Global Dow ETF by 234.5% in the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock valued at $7,680,000 after purchasing an additional 38,512 shares during the period. Ameriprise Financial Inc. bought a new position in SPDR Global Dow ETF in the 2nd quarter worth $5,125,000. Northwestern Mutual Wealth Management Co. acquired a new position in SPDR Global Dow ETF during the 1st quarter worth $4,202,000. Jones Financial Companies Lllp boosted its holdings in SPDR Global Dow ETF by 767.1% during the first quarter. Jones Financial Companies Lllp now owns 32,673 shares of the company’s stock valued at $4,568,000 after acquiring an additional 28,905 shares during the period. Finally, Onyx Bridge Wealth Group LLC acquired a new stake in shares of SPDR Global Dow ETF in the second quarter valued at about $3,774,000.

SPDR Global Dow ETF Stock Performance

SPDR Global Dow ETF stock opened at $168.22 on Monday. The business’s 50-day simple moving average is $164.53 and its 200-day simple moving average is $157.55. SPDR Global Dow ETF has a 52 week low of $121.09 and a 52 week high of $168.96. The firm has a market capitalization of $471.02 million, a PE ratio of 15.93 and a beta of 0.88.

SPDR Global Dow ETF Company 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.