Jones Financial Companies Lllp Increases Stock Position in SPDR Global Dow ETF $DGT

Jones Financial Companies Lllp boosted its holdings in SPDR Global Dow ETF (NYSEARCA:DGT) by 16.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,601 shares of the company’s stock after acquiring an additional 2,835 shares during the quarter. Jones Financial Companies Lllp owned 0.74% of SPDR Global Dow ETF worth $3,316,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of Montreal Can lifted its holdings in shares of SPDR Global Dow ETF by 186.7% during the second quarter. Bank of Montreal Can now owns 430 shares of the company’s stock valued at $65,000 after purchasing an additional 280 shares in the last quarter. CW Advisors LLC purchased a new position in SPDR Global Dow ETF in the 2nd quarter worth about $220,000. Thrivent Financial for Lutherans bought a new position in SPDR Global Dow ETF during the 2nd quarter valued at about $249,000. Arkadios Wealth Advisors boosted its holdings in shares of SPDR Global Dow ETF by 19.0% during the 2nd quarter. Arkadios Wealth Advisors now owns 2,506 shares of the company’s stock valued at $377,000 after acquiring an additional 401 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in shares of SPDR Global Dow ETF by 10.9% during the 2nd quarter. IHT Wealth Management LLC now owns 2,986 shares of the company’s stock valued at $450,000 after acquiring an additional 294 shares during the last quarter.

SPDR Global Dow ETF Stock Up 2.3%

DGT opened at $177.96 on Friday. The stock has a market capitalization of $539.22 million, a price-to-earnings ratio of 15.93 and a beta of 0.88. The firm has a 50 day moving average price of $169.57 and a 200-day moving average price of $163.33. SPDR Global Dow ETF has a twelve month low of $121.09 and a twelve month high of $177.96.

SPDR Global Dow ETF Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.