SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Stock Passes Above 50-Day Moving Average – Here’s What Happened

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

SPDR S&P Global Infrastructure ETF Stock Down 0.4 %

The company has a market capitalization of $457.28 million, a price-to-earnings ratio of 20.94 and a beta of 0.67. The company has a 50 day simple moving average of $60.35 and a 200 day simple moving average of $60.53.

Institutional Investors Weigh In On SPDR S&P Global Infrastructure ETF

Large investors have recently modified their holdings of the stock. Whittier Trust Co. grew its stake in SPDR S&P Global Infrastructure ETF by 716.5% during the 4th quarter. Whittier Trust Co. now owns 939 shares of the company’s stock valued at $56,000 after purchasing an additional 824 shares in the last quarter. JPMorgan Chase & Co. grew its stake in SPDR S&P Global Infrastructure ETF by 193.1% during 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 in the last quarter. Lowe Wealth Advisors LLC grew its stake in SPDR S&P Global Infrastructure ETF by 31.4% during 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 in the last quarter. Finally, Flow Traders U.S. LLC grew its stake in SPDR S&P Global Infrastructure ETF by 419.0% during 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 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.