Raymond James Financial Services Advisors Inc. Lowers Stake in SPDR Global Dow ETF (NYSEARCA:DGT)

Raymond James Financial Services Advisors Inc. lowered its position in shares of SPDR Global Dow ETF (NYSEARCA:DGT) by 40.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,507 shares of the company’s stock after selling 3,678 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 0.40% of SPDR Global Dow ETF worth $655,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC raised its position in shares of SPDR Global Dow ETF by 7.6% during the third quarter. LPL Financial LLC now owns 101,703 shares of the company’s stock valued at $11,093,000 after buying an additional 7,213 shares during the last quarter. Jane Street Group LLC raised its position in shares of SPDR Global Dow ETF by 79.8% during the fourth quarter. Jane Street Group LLC now owns 90,317 shares of the company’s stock valued at $9,127,000 after buying an additional 40,080 shares during the last quarter. Baltimore Washington Financial Advisors Inc. raised its position in shares of SPDR Global Dow ETF by 35.1% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 53,811 shares of the company’s stock valued at $5,870,000 after buying an additional 13,975 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of SPDR Global Dow ETF by 830.1% during the second quarter. Osaic Holdings Inc. now owns 31,782 shares of the company’s stock valued at $3,586,000 after buying an additional 28,365 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of SPDR Global Dow ETF by 26.4% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 30,437 shares of the company’s stock valued at $3,320,000 after buying an additional 6,355 shares during the last quarter.

SPDR Global Dow ETF Price Performance

SPDR Global Dow ETF stock opened at $122.92 on Thursday. The stock has a market cap of $169.63 million, a P/E ratio of 9.86 and a beta of 0.92. SPDR Global Dow ETF has a 1 year low of $104.29 and a 1 year high of $128.82. The firm’s 50 day moving average price is $124.98 and its 200-day moving average price is $117.91.

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.