SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) Stock Passes Above Fifty Day Moving Average – What’s Next?

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $75.69 and traded as high as $76.07. SPDR S&P Global Infrastructure ETF shares last traded at $75.22, with a volume of 39,327 shares changing hands.

SPDR S&P Global Infrastructure ETF Stock Performance

The stock has a market cap of $932.11 million, a PE ratio of 20.11 and a beta of 0.62. The business has a 50-day moving average of $75.67 and a 200 day moving average of $75.85.

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

Hedge funds have recently modified their holdings of the company. Trust Co. of Vermont acquired a new position in shares of SPDR S&P Global Infrastructure ETF in the second quarter valued at approximately $27,000. Eagle Bay Advisors LLC purchased a new stake in SPDR S&P Global Infrastructure ETF in the 4th quarter worth approximately $31,000. Parallel Advisors LLC grew its stake in SPDR S&P Global Infrastructure ETF by 168.7% in the 4th quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock worth $56,000 after acquiring an additional 506 shares during the period. Copia Wealth Management raised its holdings in SPDR S&P Global Infrastructure ETF by 18.5% in the 4th quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock valued at $71,000 after acquiring an additional 158 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in SPDR S&P Global Infrastructure ETF by 775.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock valued at $699,000 after acquiring an additional 8,898 shares during the last quarter.

SPDR S&P Global Infrastructure ETF Company Profile

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.