SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) Sees Unusually-High Trading Volume – Should You Buy?

Shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) saw unusually-high trading volume on Monday . Approximately 456,148 shares traded hands 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 Up 0.4 %

The firm’s fifty day moving average price is $64.45 and its 200 day moving average price is $62.29. The stock has a market cap of $856.87 million, a PE ratio of 19.77 and a beta of 0.95.

Institutional Investors Weigh In On 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 acquired a new stake 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 Securities and Exchange Commission (SEC). The firm 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.