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) shares 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 trading hands.

SPDR S&P Global Infrastructure ETF Price Performance

The business’s 50 day moving average is $60.37 and its two-hundred day moving average is $60.47. The firm has a market capitalization of $457.28 million, a PE ratio of 20.94 and a beta of 0.67.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Whittier Trust Co. raised its stake in shares of SPDR S&P Global Infrastructure ETF by 716.5% during the fourth quarter. Whittier Trust Co. now owns 939 shares of the company’s stock worth $56,000 after acquiring an additional 824 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of 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 worth $69,000 after purchasing an additional 732 shares during the last quarter. Lowe Wealth Advisors LLC grew its holdings in shares of 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 worth $370,000 after purchasing an additional 1,493 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its holdings in shares of 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 worth $4,252,000 after purchasing an additional 55,643 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.