GAMMA Investing LLC Has $378,000 Stake in SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM)

GAMMA Investing LLC increased its stake in shares of SPDR Portfolio MSCI Global Stock Market ETF (NYSEARCA:SPGM) by 6,142.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 6,055 shares of the company’s stock after buying an additional 5,958 shares during the quarter. GAMMA Investing LLC’s holdings in SPDR Portfolio MSCI Global Stock Market ETF were worth $378,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SPGM. AdvisorNet Financial Inc increased its holdings in SPDR Portfolio MSCI Global Stock Market ETF by 26.0% in the 1st quarter. AdvisorNet Financial Inc now owns 1,677 shares of the company’s stock valued at $105,000 after buying an additional 346 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the 4th quarter worth approximately $279,000. Hughes Financial Services LLC acquired a new stake in shares of SPDR Portfolio MSCI Global Stock Market ETF during the 4th quarter worth approximately $369,000. BIP Wealth LLC increased its stake in SPDR Portfolio MSCI Global Stock Market ETF by 8.2% in the fourth quarter. BIP Wealth LLC now owns 7,432 shares of the company’s stock valued at $471,000 after acquiring an additional 562 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in SPDR Portfolio MSCI Global Stock Market ETF by 1.4% during the fourth quarter. JPMorgan Chase & Co. now owns 11,512 shares of the company’s stock valued at $729,000 after purchasing an additional 155 shares in the last quarter.

SPDR Portfolio MSCI Global Stock Market ETF Price Performance

NYSEARCA SPGM opened at $66.40 on Friday. The business has a fifty day moving average price of $64.60 and a two-hundred day moving average price of $64.20. The stock has a market capitalization of $1.05 billion, a PE ratio of 19.90 and a beta of 0.93. SPDR Portfolio MSCI Global Stock Market ETF has a fifty-two week low of $54.21 and a fifty-two week high of $67.75.

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.