Envestnet Asset Management Inc. Cuts Stock Holdings in SPDR Global Dow ETF (NYSEARCA:DGT)

Envestnet Asset Management Inc. reduced its stake in SPDR Global Dow ETF (NYSEARCA:DGT) by 72.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,548 shares of the company’s stock after selling 19,470 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.48% of SPDR Global Dow ETF worth $997,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Avantax Advisory Services Inc. increased its position in shares of SPDR Global Dow ETF by 37.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 6,635 shares of the company’s stock valued at $876,000 after acquiring an additional 1,799 shares during the last quarter. Raymond James Financial Inc. bought a new position in SPDR Global Dow ETF in the 4th quarter valued at $1,203,000. Jones Financial Companies Lllp increased its position in shares of SPDR Global Dow ETF by 88.9% during the 4th quarter. Jones Financial Companies Lllp now owns 3,768 shares of the company’s stock valued at $497,000 after purchasing an additional 1,773 shares during the last quarter. LPL Financial LLC raised its stake in shares of SPDR Global Dow ETF by 29.0% during the 4th quarter. LPL Financial LLC now owns 142,410 shares of the company’s stock worth $18,802,000 after purchasing an additional 31,989 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of SPDR Global Dow ETF by 2.7% in the 4th quarter. Wells Fargo & Company MN now owns 14,516 shares of the company’s stock worth $1,917,000 after buying an additional 388 shares during the last quarter.

SPDR Global Dow ETF Stock Performance

NYSEARCA DGT opened at $139.51 on Friday. The company has a market capitalization of $311.11 million, a PE ratio of 16.33 and a beta of 0.88. SPDR Global Dow ETF has a 52-week low of $121.09 and a 52-week high of $144.60. The company has a 50-day simple moving average of $137.66 and a 200 day simple moving average of $137.05.

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.