SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Shares Cross Above Fifty Day Moving Average – What’s Next?

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $60.83 and traded as high as $61.66. SPDR S&P Global Infrastructure ETF shares last traded at $61.44, with a volume of 12,181 shares.

SPDR S&P Global Infrastructure ETF Stock Performance

The stock’s 50 day simple moving average is $60.83 and its two-hundred day simple moving average is $59.86. The firm has a market capitalization of $457.73 million, a PE ratio of 20.94 and a beta of 0.67.

Institutional Trading of SPDR S&P Global Infrastructure ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Northwest Bank & Trust Co acquired a new stake in shares of SPDR S&P Global Infrastructure ETF during the 3rd quarter worth approximately $7,276,000. Flow Traders U.S. LLC increased its holdings in SPDR S&P Global Infrastructure ETF by 419.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 68,924 shares of the company’s stock valued at $4,252,000 after purchasing an additional 55,643 shares during the last quarter. Lowe Wealth Advisors LLC increased its holdings in SPDR S&P Global Infrastructure ETF by 31.4% in the 4th quarter. Lowe Wealth Advisors LLC now owns 6,255 shares of the company’s stock valued at $370,000 after purchasing an additional 1,493 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in SPDR S&P Global Infrastructure ETF by 193.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,111 shares of the company’s stock valued at $69,000 after purchasing an additional 732 shares during the last quarter.

SPDR S&P Global Infrastructure ETF Company Profile

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.