SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Reaches New 12-Month High – Should You Buy?

Shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) reached a new 52-week high on Thursday . The stock traded as high as $65.48 and last traded at $65.48, with a volume of 793 shares trading hands. The stock had previously closed at $65.01.

SPDR Portfolio MSCI Global Stock Market ETF Stock Up 1.0 %

The company has a market capitalization of $860.54 million, a PE ratio of 19.77 and a beta of 0.95. The stock’s 50 day moving average is $63.80 and its two-hundred day moving average is $61.71.

Institutional Investors Weigh In On SPDR Portfolio MSCI Global Stock Market ETF

An institutional investor recently bought a new position in SPDR Portfolio MSCI Global Stock Market ETF stock. Rothschild Investment LLC acquired a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 569 shares of the company’s stock, valued at approximately $35,000.

SPDR Portfolio MSCI Global Stock Market ETF Company Profile

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.