SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Trading Down 0.3% – Time to Sell?

SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM)’s stock price traded down 0.3% during mid-day trading on Wednesday . The company traded as low as $63.20 and last traded at $63.33. 90,624 shares were traded during mid-day trading, an increase of 54% from the average session volume of 58,672 shares. The stock had previously closed at $63.53.

SPDR Portfolio MSCI Global Stock Market ETF Price Performance

The firm’s 50-day simple moving average is $64.89 and its 200 day simple moving average is $63.24. The firm has a market capitalization of $828.97 million, a price-to-earnings ratio of 19.77 and a beta of 0.95.

Institutional Trading of 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 purchased a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 569 shares of the company’s stock, valued at approximately $35,000.

About SPDR Portfolio MSCI Global Stock Market ETF

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.