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

by · The Markets Daily

SPDR S&P Global Infrastructure ETF (NYSEARCA:GII – Get Free Report) shares saw strong trading volume on Wednesday . 102,220 shares were traded during mid-day trading, an increase of 241% from the previous session’s volume of 30,004 shares.The stock last traded at $70.2090 and had previously closed at $70.18.

SPDR S&P Global Infrastructure ETF Stock Down 0.4%

The company has a market cap of $639.29 million, a price-to-earnings ratio of 20.11 and a beta of 0.73. The company has a fifty day simple moving average of $70.37 and a two-hundred day simple moving average of $68.70.

Hedge Funds Weigh In On SPDR S&P Global Infrastructure ETF

Hedge funds have recently added to or reduced their stakes in the business. Rathbones Group PLC lifted its holdings in shares of SPDR S&P Global Infrastructure ETF by 12.2% in the first quarter. Rathbones Group PLC now owns 49,267 shares of the company’s stock valued at $3,055,000 after purchasing an additional 5,357 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of SPDR S&P Global Infrastructure ETF by 174.1% during the 1st 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 last quarter. Lowe Wealth Advisors LLC lifted its stake in SPDR S&P Global Infrastructure ETF by 56.9% in the 2nd quarter. Lowe Wealth Advisors LLC now owns 28,112 shares of the company’s stock valued at $1,893,000 after buying an additional 10,197 shares in the last quarter. Copia Wealth Management acquired a new stake in SPDR S&P Global Infrastructure ETF during the 2nd quarter valued at $49,000. Finally, Advisors Preferred LLC acquired a new stake in SPDR S&P Global Infrastructure ETF during the 2nd quarter valued at $46,000.

SPDR S&P Global Infrastructure ETF Company Profile

(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.

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