SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Sees Large Volume Increase – Here’s What Happened

Shares of SPDR S&P Global Infrastructure ETF (NYSEARCA:GIIGet Free Report) saw an uptick in trading volume on Tuesday . 45,518 shares changed hands during mid-day trading, a decline of 30% from the previous session’s volume of 64,654 shares.The stock last traded at $75.63 and had previously closed at $75.95.

SPDR S&P Global Infrastructure ETF Stock Down 0.4%

The company has a market cap of $922.81 million, a P/E ratio of 20.11 and a beta of 0.62. The business has a fifty day moving average of $75.70 and a 200 day moving average of $75.31.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in GII. TOWER TRUST & INVESTMENT Co raised its position in shares of SPDR S&P Global Infrastructure ETF by 53.6% in the 4th quarter. TOWER TRUST & INVESTMENT Co now owns 189,670 shares of the company’s stock worth $13,233,000 after acquiring an additional 66,182 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of SPDR S&P Global Infrastructure ETF during the second quarter valued at approximately $1,089,000. Farther Finance Advisors LLC boosted its position in shares of 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 valued at $784,000 after purchasing an additional 11,038 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of 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 valued at $699,000 after purchasing an additional 8,898 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in SPDR S&P Global Infrastructure ETF by 174.1% in the first quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock worth $726,000 after purchasing an additional 7,435 shares during the period.

About SPDR S&P Global Infrastructure ETF

(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. 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.

Further Reading

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