SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

by · The Cerbat Gem

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $58.67 and traded as high as $63.30. SPDR S&P Global Infrastructure ETF shares last traded at $63.19, with a volume of 40,753 shares trading hands.

SPDR S&P Global Infrastructure ETF Stock Performance

The firm has a market capitalization of $471.44 million, a price-to-earnings ratio of 20.94 and a beta of 0.67. The business has a fifty day moving average price of $61.84 and a 200 day moving average price of $58.70.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of GII. Northwest Bank & Trust Co acquired a new position in shares of SPDR S&P Global Infrastructure ETF during the 3rd quarter valued at $7,276,000. Lowe Wealth Advisors LLC raised its stake in SPDR S&P Global Infrastructure ETF by 666.8% during the third quarter. Lowe Wealth Advisors LLC now owns 4,762 shares of the company’s stock valued at $294,000 after buying an additional 4,141 shares in the last quarter. Rathbones Group PLC increased its stake in SPDR S&P Global Infrastructure ETF by 2.1% during the second quarter. Rathbones Group PLC now owns 44,831 shares of the company’s stock valued at $2,450,000 after purchasing an additional 914 shares during the last quarter. Lynx Investment Advisory acquired a new stake in SPDR S&P Global Infrastructure ETF during the second quarter worth about $31,000. Finally, Flow Traders U.S. LLC lifted its stake in SPDR S&P Global Infrastructure ETF by 419.0% in the third quarter. Flow Traders U.S. LLC now owns 68,924 shares of the company’s stock valued at $4,252,000 after buying an additional 55,643 shares during the last quarter.

SPDR S&P Global Infrastructure ETF Company Profile

(Get Free Report)

SPDR S&P Global Infrastructure ETF (the Fund), formerly SPDR FTSE/Macquarie Global Infrastructure 100 ETF, seeks to replicate as closely as possible the total return performance of the Macquarie Global Infrastructure 100 Index (the Index). The Index, calculated by FTSE, is designed to reflect the stock performance of companies within the infrastructure industry, principally those engaged in management, ownership and operation of infrastructure and utility assets.

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