SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Sees Strong Trading Volume – What’s Next?

Shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw an uptick in trading volume on Monday . 456,148 shares were traded during trading, an increase of 673% from the previous session’s volume of 58,984 shares.The stock last traded at $65.34 and had previously closed at $65.12.

SPDR Portfolio MSCI Global Stock Market ETF Stock Down 0.2 %

The firm has a 50 day simple moving average of $64.59 and a two-hundred day simple moving average of $62.40. The stock has a market capitalization of $855.95 million, a P/E ratio of 19.77 and a beta of 0.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SPDR Portfolio MSCI Global Stock Market ETF stock. Rothschild Investment LLC bought a new position in shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) in the 2nd quarter, according to its most recent disclosure with the Securities and 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

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.