SPDR Global Dow ETF (NYSEARCA:DGT) Reaches New 12-Month High – Here’s Why

SPDR Global Dow ETF (NYSEARCA:DGT)’s share price hit a new 52-week high on Thursday . The company traded as high as $193.03 and last traded at $192.9650, with a volume of 3940 shares trading hands. The stock had previously closed at $191.31.

SPDR Global Dow ETF Stock Performance

The company has a 50 day simple moving average of $187.92 and a 200 day simple moving average of $182.17. The company has a market capitalization of $632.93 million, a PE ratio of 15.93 and a beta of 0.81.

Institutional Trading of SPDR Global Dow ETF

Several large investors have recently made changes to their positions in DGT. Jane Street Group LLC lifted its holdings in SPDR Global Dow ETF by 234.5% in the 1st 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 in the last quarter. Ameriprise Financial Inc. purchased a new stake in shares of SPDR Global Dow ETF during the second quarter worth $5,125,000. Northwestern Mutual Wealth Management Co. raised its position in shares of SPDR Global Dow ETF by 392.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 27,130 shares of the company’s stock valued at $4,523,000 after buying an additional 21,621 shares during the last quarter. Cetera Investment Advisers raised its position in shares of SPDR Global Dow ETF by 49.6% in the fourth quarter. Cetera Investment Advisers now owns 59,202 shares of the company’s stock valued at $9,869,000 after buying an additional 19,625 shares during the last quarter. Finally, Citadel Advisors LLC lifted its stake in shares of SPDR Global Dow ETF by 432.6% in the third quarter. Citadel Advisors LLC now owns 20,677 shares of the company’s stock worth $3,345,000 after buying an additional 16,795 shares in 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.