Fagan Associates Inc. Purchases 7,673 Shares of SPDR Global Dow ETF $DGT

Fagan Associates Inc. increased its position in shares of SPDR Global Dow ETF (NYSEARCA:DGT) by 11.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 72,840 shares of the company’s stock after buying an additional 7,673 shares during the period. SPDR Global Dow ETF accounts for 1.6% of Fagan Associates Inc.’s holdings, making the stock its 17th biggest holding. Fagan Associates Inc. owned about 2.60% of SPDR Global Dow ETF worth $11,782,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of DGT. Citadel Advisors LLC boosted its position in SPDR Global Dow ETF by 432.6% during the third quarter. Citadel Advisors LLC now owns 20,677 shares of the company’s stock valued at $3,345,000 after acquiring an additional 16,795 shares during the last quarter. Bank of America Corp DE raised its position in shares of SPDR Global Dow ETF by 1.3% in the 3rd quarter. Bank of America Corp DE now owns 32,722 shares of the company’s stock worth $5,293,000 after acquiring an additional 428 shares in the last quarter. Equitable Holdings Inc. raised its position in shares of SPDR Global Dow ETF by 2.8% in the 3rd quarter. Equitable Holdings Inc. now owns 8,209 shares of the company’s stock worth $1,328,000 after acquiring an additional 227 shares in the last quarter. Comerica Bank lifted its stake in shares of SPDR Global Dow ETF by 198.2% in the 3rd quarter. Comerica Bank now owns 2,174 shares of the company’s stock valued at $352,000 after purchasing an additional 1,445 shares during the period. Finally, Baltimore Washington Financial Advisors Inc. lifted its stake in shares of SPDR Global Dow ETF by 6.0% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 74,515 shares of the company’s stock valued at $12,053,000 after purchasing an additional 4,187 shares during the period.

SPDR Global Dow ETF Price Performance

Shares of SPDR Global Dow ETF stock opened at $169.64 on Monday. The stock’s 50-day moving average is $174.48 and its 200 day moving average is $167.40. SPDR Global Dow ETF has a one year low of $121.09 and a one year high of $180.90. The firm has a market cap of $514.01 million, a price-to-earnings 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. 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.