SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Shares Up 1.3% – Here’s Why

Posted by Erica Schwartz on Nov 6th, 2024

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM – Get Free Report) rose 1.3% on Tuesday . The company traded as high as $64.18 and last traded at $64.18. Approximately 52,726 shares changed hands during trading, a decline of 5% from the average daily volume of 55,357 shares. The stock had previously closed at $63.35.

SPDR Portfolio MSCI Global Stock Market ETF Trading Up 1.3 %

The stock has a market capitalization of $840.76 million, a P/E ratio of 19.77 and a beta of 0.95. The stock’s 50 day simple moving average is $63.76 and its 200 day simple moving average is $61.69.

Institutional Trading of SPDR Portfolio MSCI Global Stock Market ETF

A hedge fund recently bought a new stake in SPDR Portfolio MSCI Global Stock Market ETF stock. Rothschild Investment LLC bought a new stake in SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 569 shares of the company’s stock, valued at approximately $35,000.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

(Get Free Report)

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.