ARQ Wealth Advisors LLC Increases Stake in SPDR Global Dow ETF $DGT

ARQ Wealth Advisors LLC boosted its holdings in shares of SPDR Global Dow ETF (NYSEARCA:DGT) by 25.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,994 shares of the company’s stock after buying an additional 3,436 shares during the quarter. ARQ Wealth Advisors LLC owned 0.52% of SPDR Global Dow ETF worth $2,881,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Members Advisory Group LLC grew its stake in shares of SPDR Global Dow ETF by 58.2% in the fourth quarter. Members Advisory Group LLC now owns 119,871 shares of the company’s stock worth $19,984,000 after acquiring an additional 44,113 shares in the last quarter. Jane Street Group LLC raised its stake in shares of SPDR Global Dow ETF by 234.5% in the first quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock valued at $7,680,000 after acquiring an additional 38,512 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of SPDR Global Dow ETF in the second quarter valued at $5,125,000. Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR Global Dow ETF by 392.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 27,130 shares of the company’s stock valued at $4,523,000 after purchasing an additional 21,621 shares during the period. Finally, Cetera Investment Advisers grew its stake in SPDR Global Dow ETF by 49.6% during the 4th quarter. Cetera Investment Advisers now owns 59,202 shares of the company’s stock worth $9,869,000 after purchasing an additional 19,625 shares in the last quarter.

SPDR Global Dow ETF Stock Up 0.4%

NYSEARCA DGT traded up $0.82 during trading hours on Friday, hitting $185.65. 7,493 shares of the company were exchanged, compared to its average volume of 19,258. The company has a 50 day moving average of $185.19 and a two-hundred day moving average of $177.45. SPDR Global Dow ETF has a 52-week low of $148.40 and a 52-week high of $189.73. The firm has a market cap of $608.93 million, a price-to-earnings ratio of 15.93 and a beta of 0.81.

SPDR Global Dow ETF Company 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.