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

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $60.37 and traded as high as $61.91. SPDR S&P Global Infrastructure ETF shares last traded at $61.38, with a volume of 44,348 shares.

SPDR S&P Global Infrastructure ETF Stock Down 0.4 %

The stock has a market cap of $457.28 million, a P/E ratio of 20.94 and a beta of 0.67. The firm’s fifty day moving average price is $60.37 and its 200-day moving average price is $60.47.

Institutional Trading of SPDR S&P Global Infrastructure ETF

Several large investors have recently added to or reduced their stakes in GII. Flow Traders U.S. LLC boosted its holdings 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 acquiring an additional 55,643 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in SPDR S&P Global Infrastructure ETF by 193.1% in the third quarter. JPMorgan Chase & Co. now owns 1,111 shares of the company’s stock valued at $69,000 after acquiring an additional 732 shares in the last quarter. Lowe Wealth Advisors LLC boosted its holdings in SPDR S&P Global Infrastructure ETF by 31.4% in the fourth quarter. Lowe Wealth Advisors LLC now owns 6,255 shares of the company’s stock valued at $370,000 after acquiring an additional 1,493 shares in the last quarter. Finally, Whittier Trust Co. boosted its holdings in SPDR S&P Global Infrastructure ETF by 716.5% in the fourth quarter. Whittier Trust Co. now owns 939 shares of the company’s stock valued at $56,000 after acquiring an additional 824 shares in 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.