CHB Investment Group LLC Sells 1,858 Shares of SPDR Global Dow ETF (NYSEARCA:DGT)

CHB Investment Group LLC lowered its stake in shares of SPDR Global Dow ETF (NYSEARCA:DGT) by 12.9% during the fourth quarter, Holdings Channel reports. The fund owned 12,508 shares of the company’s stock after selling 1,858 shares during the period. CHB Investment Group LLC’s holdings in SPDR Global Dow ETF were worth $1,651,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DGT. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Global Dow ETF by 88.1% in the second quarter. Envestnet Asset Management Inc. now owns 28,186 shares of the company’s stock valued at $3,611,000 after purchasing an additional 13,202 shares in the last quarter. Asset Management Group Inc. raised its position in shares of SPDR Global Dow ETF by 1.0% during the second quarter. Asset Management Group Inc. now owns 12,395 shares of the company’s stock worth $1,588,000 after acquiring an additional 122 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of SPDR Global Dow ETF by 5,981.3% during the second quarter. Bank of Montreal Can now owns 9,122 shares of the company’s stock valued at $1,192,000 after acquiring an additional 8,972 shares during the period. Creekside Partners acquired a new stake in SPDR Global Dow ETF in the second quarter worth about $226,000. Finally, Sapient Capital LLC bought a new position in shares of SPDR Global Dow ETF in the 3rd quarter valued at about $205,000.

SPDR Global Dow ETF Stock Performance

Shares of DGT stock opened at $131.28 on Tuesday. The firm’s 50 day moving average price is $135.30 and its two-hundred day moving average price is $133.94. The stock has a market cap of $207.42 million, a PE ratio of 14.24 and a beta of 0.82. SPDR Global Dow ETF has a 52-week low of $116.34 and a 52-week high of $139.44.

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.