SPDR S&P Global Infrastructure ETF (NYSEARCA:GII – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $76.27 and traded as low as $74.22. SPDR S&P Global Infrastructure ETF shares last traded at $74.36, with a volume of 54,231 shares traded.
SPDR S&P Global Infrastructure ETF Price Performance
The business has a 50-day simple moving average of $76.27 and a two-hundred day simple moving average of $74.12. The stock has a market cap of $948.09 million, a price-to-earnings ratio of 20.11 and a beta of 0.61.
Hedge Funds Weigh In On SPDR S&P Global Infrastructure ETF
A number of institutional investors have recently bought and sold shares of GII. TOWER TRUST & INVESTMENT Co increased its position in SPDR S&P Global Infrastructure ETF by 53.6% during the fourth quarter. TOWER TRUST & INVESTMENT Co now owns 189,670 shares of the company’s stock worth $13,233,000 after buying an additional 66,182 shares during the last quarter. Marshall Wace LLP acquired a new position in SPDR S&P Global Infrastructure ETF during the second quarter worth approximately $1,089,000. Farther Finance Advisors LLC increased its position in SPDR S&P Global Infrastructure ETF by 5,749.0% during the fourth quarter. Farther Finance Advisors LLC now owns 11,230 shares of the company’s stock worth $784,000 after buying an additional 11,038 shares during the last quarter. JPMorgan Chase & Co. increased its position in SPDR S&P Global Infrastructure ETF by 775.1% during the third quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock worth $699,000 after buying an additional 8,898 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in SPDR S&P Global Infrastructure ETF by 174.1% during the first quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock worth $726,000 after buying an additional 7,435 shares during the last quarter.
About SPDR S&P Global Infrastructure ETF
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. The Index is a composite of the Macquarie Global Infrastructure Index (MGII), which is based on 255 stocks in the FTSE Global Equity Index Series.
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