Avantax Advisory Services Inc. Increases Position in SPDR Global Dow ETF (NYSEARCA:DGT)

Avantax Advisory Services Inc. lifted its holdings in SPDR Global Dow ETF (NYSEARCA:DGT) by 149.7% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,569 shares of the company’s stock after buying an additional 9,934 shares during the period. Avantax Advisory Services Inc. owned approximately 0.74% of SPDR Global Dow ETF worth $2,316,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DGT. Raymond James Financial Inc. purchased a new position in SPDR Global Dow ETF in the fourth quarter valued at approximately $1,203,000. Commonwealth Equity Services LLC lifted its stake in SPDR Global Dow ETF by 26.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 4,389 shares of the company’s stock valued at $580,000 after purchasing an additional 910 shares during the last quarter. LPL Financial LLC lifted its stake in SPDR Global Dow ETF by 29.0% in the fourth quarter. LPL Financial LLC now owns 142,410 shares of the company’s stock valued at $18,802,000 after purchasing an additional 31,989 shares during the last quarter. Thoroughbred Financial Services LLC lifted its stake in SPDR Global Dow ETF by 5.1% in the fourth quarter. Thoroughbred Financial Services LLC now owns 2,817 shares of the company’s stock valued at $371,000 after purchasing an additional 136 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in SPDR Global Dow ETF by 2.7% in the fourth quarter. Wells Fargo & Company MN now owns 14,516 shares of the company’s stock valued at $1,917,000 after purchasing an additional 388 shares during the last quarter.

SPDR Global Dow ETF Trading Down 0.2%

SPDR Global Dow ETF stock opened at $152.61 on Wednesday. The business’s 50 day simple moving average is $149.39 and its 200 day simple moving average is $142.55. SPDR Global Dow ETF has a 12 month low of $121.09 and a 12 month high of $155.06. The company has a market cap of $404.42 million, a price-to-earnings ratio of 15.93 and a beta of 0.92.

About SPDR Global Dow ETF

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.